Post Utme Crawford University 2018 Commerce Question 36

Practice objective / multiple choice question 36 from the 2018 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2018 Commerce Objective / Multiple Choice
Question 36 POST_UTME_CRAWFORD_UNIVERSITY • 2018 • COMMERCE • objective

A company's sole trader has a business income of ₦1,500,000 and expenses of ₦800,000. What is the profit before tax?

Answer Options

Correct Answer A. ₦700,000
B. ₦1,200,000
C. ₦1,500,000
D. ₦2,000,000
Correct Answer
A
Correct Option:
₦700,000

About This Question

This is Post Utme Crawford University 2018 Commerce Question 36. It is one of the objective questions from the 2018 Post Utme Crawford University Commerce examination.

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