Post Utme Caleb University 2017 Commerce Question 33

Practice objective / multiple choice question 33 from the 2017 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2017 Commerce Objective / Multiple Choice
Question 33 POST_UTME_CALEB_UNIVERSITY • 2017 • COMMERCE • objective

A firm's total sales revenue is ₦1,500,000. If the firm's cost of goods sold is ₦900,000, what is the firm's gross profit?

Answer Options

A. ₦600,000
B. ₦600,000.00
C. ₦600,000.00
Correct Answer D. ₦600,000
Correct Answer
D
Correct Option:
₦600,000

About This Question

This is Post Utme Caleb University 2017 Commerce Question 33. It is one of the objective questions from the 2017 Post Utme Caleb University Commerce examination.

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