Post Utme Noun 2019 Commerce Question 2

Practice objective / multiple choice question 2 from the 2019 Post Utme Noun Commerce examination.

Post Utme Noun 2019 Commerce Objective / Multiple Choice
Question 2 POST_UTME_NOUN • 2019 • COMMERCE • objective

A company's financial statement shows a net income of ₦1,500,000. If the company's tax rate is 25%, what is the amount of taxes paid?

Answer Options

Correct Answer A. ₦375,000
B. ₦1,000,000
C. ₦1,500,000
D. ₦3,750,000
Correct Answer
A
Correct Option:
₦375,000

About This Question

This is Post Utme Noun 2019 Commerce Question 2. It is one of the objective questions from the 2019 Post Utme Noun Commerce examination.

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