Post Utme Bsu 2023 Accounting Question 37
Practice objective / multiple choice question 37 from the 2023 Post Utme Bsu Accounting examination.
A company's profit and loss account for the year ended 31st December 2022 is as follows: Turnover: ₦1,000,000 Cost of Goods Sold: ₦600,000 Gross Profit: ₦400,000 Operating Expenses: ₦150,000 Net Profit: ₦250,000 What is the company's gross profit margin?
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About This Question
This is Post Utme Bsu 2023 Accounting Question 37. It is one of the objective questions from the 2023 Post Utme Bsu Accounting examination.
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