Post Utme Unilag 2018 Commerce Question 37

Practice objective / multiple choice question 37 from the 2018 Post Utme Unilag Commerce examination.

Post Utme Unilag 2018 Commerce Objective / Multiple Choice
Question 37 POST_UTME_UNILAG • 2018 • COMMERCE • objective

A company's financial statements for the year ended December 31, 2022, showed a net profit of ₦150 million. The company's tax rate is 25%. Calculate the company's tax liability for the year.

Answer Options

Correct Answer A. ₦37.5 million
B. ₦50 million
C. ₦62.5 million
D. ₦75 million
Correct Answer
A
Correct Option:
₦37.5 million

About This Question

This is Post Utme Unilag 2018 Commerce Question 37. It is one of the objective questions from the 2018 Post Utme Unilag Commerce examination.

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