Post Utme Ksu 2017 Accounting Question 15

Practice objective / multiple choice question 15 from the 2017 Post Utme Ksu Accounting examination.

Post Utme Ksu 2017 Accounting Objective / Multiple Choice
Question 15 POST_UTME_KSU • 2017 • ACCOUNTING • objective

A company has a profit of ₦ 150,000 and a tax rate of 25%. Calculate the amount of tax payable.

Answer Options

Correct Answer A. ₦ 37,500
B. ₦ 40,000
C. ₦ 42,500
D. ₦ 45,000
Correct Answer
A
Correct Option:
₦ 37,500

About This Question

This is Post Utme Ksu 2017 Accounting Question 15. It is one of the objective questions from the 2017 Post Utme Ksu Accounting examination.

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