Post Utme Bells University 2018 Accounting Question 40
Practice objective / multiple choice question 40 from the 2018 Post Utme Bells University Accounting examination.
A company's profit and loss account for the year ended 31 Dec is as follows: | Particulars | ₦ | | --- | --- | | Sales | 500,000 | | Cost of Goods Sold | 300,000 | | Gross Profit | 200,000 | | Operating Expenses | 100,000 | | Net Profit | 100,000 | What is the gross profit percentage?
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This is Post Utme Bells University 2018 Accounting Question 40. It is one of the objective questions from the 2018 Post Utme Bells University Accounting examination.
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