Post Utme Al Hikmah University 2019 Accounting Question 25
Practice objective / multiple choice question 25 from the 2019 Post Utme Al Hikmah University Accounting examination.
A company's income statement shows the following: Sales ₦500,000, Cost of Goods Sold ₦300,000, Gross Profit ₦200,000, Operating Expenses ₦100,000, and Net Income ₦100,000. What is the gross margin percentage?
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About This Question
This is Post Utme Al Hikmah University 2019 Accounting Question 25. It is one of the objective questions from the 2019 Post Utme Al Hikmah University Accounting examination.
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