Post Utme Bells University 2018 Accounting Question 42
Practice objective / multiple choice question 42 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?
Answer Options
About This Question
This is Post Utme Bells University 2018 Accounting Question 42. It is one of the objective questions from the 2018 Post Utme Bells University Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.