Post Utme Christopher University 2021 Accounting Question 10

Practice objective / multiple choice question 10 from the 2021 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2021 Accounting Objective / Multiple Choice
Question 10 POST_UTME_CHRISTOPHER_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's trial balance shows the following: Sales ₦1,500,000, Cost of Goods Sold ₦1,200,000, and Gross Profit ₦300,000. Calculate the company's operating profit.

Answer Options

A. ₦200,000
Correct Answer B. ₦300,000
C. ₦400,000
D. ₦500,000
Correct Answer
B
Correct Option:
₦300,000

About This Question

This is Post Utme Christopher University 2021 Accounting Question 10. It is one of the objective questions from the 2021 Post Utme Christopher University Accounting examination.

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