Post Utme Greenfield University 2017 Commerce Question 29

Practice objective / multiple choice question 29 from the 2017 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2017 Commerce Objective / Multiple Choice
Question 29 POST_UTME_GREENFIELD_UNIVERSITY • 2017 • COMMERCE • objective

A company has a sole trader business with an annual turnover of ₦5,000,000. The company's profit before tax is ₦1,500,000. If the company's tax rate is 25%, calculate the company's profit after tax.

Answer Options

Correct Answer A. ₦1,125,000
B. ₦1,250,000
C. ₦1,375,000
D. ₦1,500,000
Correct Answer
A
Correct Option:
₦1,125,000

About This Question

This is Post Utme Greenfield University 2017 Commerce Question 29. It is one of the objective questions from the 2017 Post Utme Greenfield University Commerce examination.

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