Post Utme Babcock University 2019 Accounting Question 9
Practice objective / multiple choice question 9 from the 2019 Post Utme Babcock University Accounting examination.
A company's profit and loss account for the year ended 31st December 2022 is as follows: | Particulars | ₦ | | Particulars | ₦ | | --- | --- | --- | --- | --- | | Sales | 100,000 | | Cost of Goods Sold | 60,000 | | Gross Profit | 40,000 | | Operating Expenses | 20,000 | | Net Profit | 20,000 | | | | | | | | | | | | | | Calculate the company's net profit margin.
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This is Post Utme Babcock University 2019 Accounting Question 9. It is one of the objective questions from the 2019 Post Utme Babcock University Accounting examination.
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