Post Utme Caleb University 2018 Accounting Question 9
Practice objective / multiple choice question 9 from the 2018 Post Utme Caleb University Accounting examination.
A company's income statement for the year ended 31st December 2022 is as follows: Revenue: ₦1,500,000 Cost of goods sold: ₦1,200,000 Gross profit: ₦300,000 Operating expenses: ₦150,000 Net income: ₦150,000 What is the gross margin percentage?
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This is Post Utme Caleb University 2018 Accounting Question 9. It is one of the objective questions from the 2018 Post Utme Caleb University Accounting examination.
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