Post Utme Rsu 2019 Commerce Question 17

Practice objective / multiple choice question 17 from the 2019 Post Utme Rsu Commerce examination.

Post Utme Rsu 2019 Commerce Objective / Multiple Choice
Question 17 POST_UTME_RSU • 2019 • COMMERCE • objective

A company has a profit of ₦1,000,000 and a tax rate of 25%. Calculate the company's tax liability.

Answer Options

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

About This Question

This is Post Utme Rsu 2019 Commerce Question 17. It is one of the objective questions from the 2019 Post Utme Rsu Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support