Post Utme Bsu 2022 Accounting Question 25
Practice objective / multiple choice question 25 from the 2022 Post Utme Bsu Accounting examination.
A company's income statement shows the following accounts: Sales ₦2,000,000, Cost of Goods Sold ₦1,200,000, Gross Profit ₦800,000, Operating Expenses ₦200,000, and Net Income ₦600,000. What is the gross profit margin?
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About This Question
This is Post Utme Bsu 2022 Accounting Question 25. It is one of the objective questions from the 2022 Post Utme Bsu Accounting examination.
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