Post Utme Greenfield University 2017 Commerce Question 32

Practice objective / multiple choice question 32 from the 2017 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2017 Commerce Objective / Multiple Choice
Question 32 POST_UTME_GREENFIELD_UNIVERSITY • 2017 • COMMERCE • objective

A firm has a sole trader business with an annual turnover of ₦3,000,000. The firm's profit before tax is ₦900,000. If the firm's tax rate is 20%, calculate the firm's profit after tax.

Answer Options

A. ₦720,000
B. ₦750,000
C. ₦780,000
Correct Answer D. ₦810,000
Correct Answer
D
Correct Option:
₦810,000

About This Question

This is Post Utme Greenfield University 2017 Commerce Question 32. It is one of the objective questions from the 2017 Post Utme Greenfield University Commerce examination.

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