Post Utme Caleb University 2020 Accounting Question 15

Practice objective / multiple choice question 15 from the 2020 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2020 Accounting Objective / Multiple Choice
Question 15 POST_UTME_CALEB_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's income statement showed the following revenues and expenses: Revenues ₦200,000, Cost of Goods Sold ₦100,000, and Operating Expenses ₦50,000. Calculate the company's net income.

Answer Options

A. ₦50,000
B. ₦60,000
C. ₦70,000
Correct Answer D. ₦80,000
Correct Answer
D
Correct Option:
₦80,000

About This Question

This is Post Utme Caleb University 2020 Accounting Question 15. It is one of the objective questions from the 2020 Post Utme Caleb University Accounting examination.

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