Post Utme Eksu 2019 Commerce Question 5

Practice objective / multiple choice question 5 from the 2019 Post Utme Eksu Commerce examination.

Post Utme Eksu 2019 Commerce Objective / Multiple Choice
Question 5 POST_UTME_EKSU • 2019 • COMMERCE • objective

A company's financial statement shows a net profit of ₦1.5 million. If the company's tax rate is 25%, what is the amount of tax the company will pay?

Answer Options

Correct Answer A. ₦375,000
B. ₦375,500
C. ₦376,000
D. ₦376,500
Correct Answer
A
Correct Option:
₦375,000

About This Question

This is Post Utme Eksu 2019 Commerce Question 5. It is one of the objective questions from the 2019 Post Utme Eksu Commerce examination.

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