Post Utme Unilorin 2020 Accounting Question 25

Practice objective / multiple choice question 25 from the 2020 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2020 Accounting Objective / Multiple Choice
Question 25 POST_UTME_UNILORIN • 2020 • ACCOUNTING • objective

A company's financial statements show a net income of \pm 100,000. If the company's tax rate is 30%, what is the amount of taxes paid?

Answer Options

Correct Answer A. \pm 30,000
B. \pm 40,000
C. \pm 50,000
D. \pm 60,000
Correct Answer
A
Correct Option:
\pm 30,000

About This Question

This is Post Utme Unilorin 2020 Accounting Question 25. It is one of the objective questions from the 2020 Post Utme Unilorin Accounting examination.

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