Post Utme Unn 2024 Commerce Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Unn Commerce examination.

Post Utme Unn 2024 Commerce Objective / Multiple Choice
Question 10 POST_UTME_UNN • 2024 • COMMERCE • objective

A company's financial statements show that its net profit for the year was ₦500,000. If the company's tax rate is 25%, how much tax will it pay?

Answer Options

A. ₦100,000
Correct Answer B. ₦125,000
C. ₦150,000
D. ₦200,000
Correct Answer
B
Correct Option:
₦125,000

About This Question

This is Post Utme Unn 2024 Commerce Question 10. It is one of the objective questions from the 2024 Post Utme Unn Commerce examination.

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