Waec Model Questions Vol1 2025 Financial Accounting Question 16
Practice objective / multiple choice question 16 from the 2025 Waec Model Questions Vol1 Financial Accounting examination.
A company reported a net profit of ₦150,000 for the year. During the year, it had total revenue of ₦600,000 and total expenses of ₦450,000. If the company decides to distribute 40% of its net profit as dividends to shareholders, how much will be retained in the business?
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About This Question
This is Waec Model Questions Vol1 2025 Financial Accounting Question 16. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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