Post Utme Bsu 2019 Accounting Question 2
Practice objective / multiple choice question 2 from the 2019 Post Utme Bsu Accounting examination.
A company has the following ledger accounts: 'Sales Revenue' (₦100,000), 'Cost of Goods Sold' (₦80,000), and 'Gross Profit' (₦20,000). What is the correct formula for calculating the company's gross profit margin?
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About This Question
This is Post Utme Bsu 2019 Accounting Question 2. It is one of the objective questions from the 2019 Post Utme Bsu Accounting examination.
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