Post Utme Nile University 2023 Accounting Question 10

Practice objective / multiple choice question 10 from the 2023 Post Utme Nile University Accounting examination.

Post Utme Nile University 2023 Accounting Objective / Multiple Choice
Question 10 POST_UTME_NILE_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's profit for the year is ₦150,000. If the company's tax rate is 25%, what is the amount of tax payable?

Answer Options

A. ₦30,000
B. ₦35,000
Correct Answer C. ₦40,000
D. ₦45,000
Correct Answer
C
Correct Option:
₦40,000

About This Question

This is Post Utme Nile University 2023 Accounting Question 10. It is one of the objective questions from the 2023 Post Utme Nile University Accounting examination.

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