Post Utme Crawford University 2021 Commerce Question 40

Practice objective / multiple choice question 40 from the 2021 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2021 Commerce Objective / Multiple Choice
Question 40 POST_UTME_CRAWFORD_UNIVERSITY • 2021 • COMMERCE • objective

A company's financial statements show a net income of ₦100,000. If the company's tax rate is 25%, what is the amount of taxes paid?

Answer Options

Correct Answer A. ₦25,000
B. ₦50,000
C. ₦75,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦25,000

About This Question

This is Post Utme Crawford University 2021 Commerce Question 40. It is one of the objective questions from the 2021 Post Utme Crawford University Commerce examination.

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