Post Utme Ui 2024 Commerce Question 39

Practice objective / multiple choice question 39 from the 2024 Post Utme Ui Commerce examination.

Post Utme Ui 2024 Commerce Objective / Multiple Choice
Question 39 POST_UTME_UI • 2024 • COMMERCE • objective

A company's financial statements show that its revenue has increased by 20% and its expenses have decreased by 15% compared to the previous year. What is the likely effect on the company's net income?

Answer Options

A. The net income will increase by 5%.
B. The net income will decrease by 5%.
Correct Answer C. The net income will increase by 10%.
D. The net income will decrease by 10%.
Correct Answer
C
Correct Option:
The net income will increase by 10%.

About This Question

This is Post Utme Ui 2024 Commerce Question 39. It is one of the objective questions from the 2024 Post Utme Ui Commerce examination.

View More Post Utme Ui 2024 Commerce Questions More Post Utme Ui Practice Questions Back to Questions

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