Post Utme Caleb University 2023 Commerce Question 34

Practice objective / multiple choice question 34 from the 2023 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2023 Commerce Objective / Multiple Choice
Question 34 POST_UTME_CALEB_UNIVERSITY • 2023 • COMMERCE • objective

A firm's sales revenue is ₦3,000,000. If the cost of goods sold is ₦1,800,000 and the operating expenses are ₦400,000, what is the net income?

Answer Options

Correct Answer A. ₦700,000
B. ₦800,000
C. ₦900,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦700,000

About This Question

This is Post Utme Caleb University 2023 Commerce Question 34. It is one of the objective questions from the 2023 Post Utme Caleb University Commerce examination.

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