Post Utme Wellspring University 2023 Accounting Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2023 Accounting Objective / Multiple Choice
Question 24 POST_UTME_WELLSPRING_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's financial statements for the year ended 31 December 2022 are as follows: Trading profit ¦1,500,000; Profit before tax ¦1,800,000; Taxation ¦1,200,000; Profit after tax ¦1,600,000. What is the company's net profit for the year?

Answer Options

A. ¦1,800,000
Correct Answer B. ¦1,600,000
C. ¦1,500,000
D. ¦1,200,000
Correct Answer
B
Correct Option:
¦1,600,000

About This Question

This is Post Utme Wellspring University 2023 Accounting Question 24. It is one of the objective questions from the 2023 Post Utme Wellspring University Accounting examination.

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