Post Utme Bells University 2021 Commerce Question 32

Practice objective / multiple choice question 32 from the 2021 Post Utme Bells University Commerce examination.

Post Utme Bells University 2021 Commerce Objective / Multiple Choice
Question 32 POST_UTME_BELLS_UNIVERSITY • 2021 • COMMERCE • objective

A firm's revenue is ₦1.2 million, with a cost of goods sold of ₦800,000. What is the firm's gross profit?

Answer Options

A. ₦400,000
Correct Answer B. ₦500,000
C. ₦600,000
D. ₦700,000
Correct Answer
B
Correct Option:
₦500,000

About This Question

This is Post Utme Bells University 2021 Commerce Question 32. It is one of the objective questions from the 2021 Post Utme Bells University Commerce examination.

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