Post Utme Bsu 2022 Accounting Question 40
Practice objective / multiple choice question 40 from the 2022 Post Utme Bsu Accounting examination.
A company's manufacturing account for the year ended December 31, 2022, shows a cost of goods sold of ₦1,000,000. The company's balance sheet as at December 31, 2022, shows total assets of ₦1,500,000 and total liabilities of ₦800,000. What is the company's gross profit margin for the year?
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About This Question
This is Post Utme Bsu 2022 Accounting Question 40. It is one of the objective questions from the 2022 Post Utme Bsu Accounting examination.
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