Post Utme Ksu 2025 Commerce Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Ksu Commerce examination.

Post Utme Ksu 2025 Commerce Objective / Multiple Choice
Question 24 POST_UTME_KSU • 2025 • COMMERCE • objective

A company has the following financial statements: revenue of ₦5,000,000, cost of goods sold of ₦3,000,000, operating expenses of ₦1,000,000, and net income of ₦1,000,000. If the company's tax rate is 25%, what is the company's net income after taxes?

Answer Options

Correct Answer A. ₦750,000
B. ₦1,000,000
C. ₦1,250,000
D. ₦1,500,000
Correct Answer
A
Correct Option:
₦750,000

About This Question

This is Post Utme Ksu 2025 Commerce Question 24. It is one of the objective questions from the 2025 Post Utme Ksu Commerce examination.

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