Post Utme Joseph Ayo Babalola University 2025 Accounting Question 14

Practice objective / multiple choice question 14 from the 2025 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2025 Accounting Objective / Multiple Choice
Question 14 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's financial statements show the following: Total Assets ₦500,000, Total Liabilities ₦200,000, and Total Equity ₦300,000. What is the company's net income?

Answer Options

Correct Answer A. ₦100,000
B. ₦150,000
C. ₦200,000
D. ₦250,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2025 Accounting Question 14. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Accounting examination.

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