Post Utme Bowen University 2017 Accounting Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2017 Accounting Objective / Multiple Choice
Question 22 POST_UTME_BOWEN_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's trial balance shows the following accounts: Sales Revenue ₦500,000, Cost of Goods Sold ₦300,000, and Net Profit ₦200,000. What is the company's gross profit?

Answer Options

A. ₦150,000
B. ₦200,000
Correct Answer C. ₦250,000
D. ₦300,000
Correct Answer
C
Correct Option:
₦250,000

About This Question

This is Post Utme Bowen University 2017 Accounting Question 22. It is one of the objective questions from the 2017 Post Utme Bowen University Accounting examination.

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