Post Utme Unilorin 2018 Commerce Question 32

Practice objective / multiple choice question 32 from the 2018 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2018 Commerce Objective / Multiple Choice
Question 32 POST_UTME_UNILORIN • 2018 • COMMERCE • objective

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

Answer Options

Correct Answer A. ₦375,000
B. ₦375,000.00
C. ₦375,000.00
D. ₦375,000.00
Correct Answer
A
Correct Option:
₦375,000

About This Question

This is Post Utme Unilorin 2018 Commerce Question 32. It is one of the objective questions from the 2018 Post Utme Unilorin Commerce examination.

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