Post Utme Crawford University 2017 Accounting Question 30

Practice objective / multiple choice question 30 from the 2017 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2017 Accounting Objective / Multiple Choice
Question 30 POST_UTME_CRAWFORD_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has the following income statement: Revenue ₦500,000, Cost of Goods Sold ₦300,000, Gross Profit ₦200,000. What is the company's net profit?

Answer Options

A. ₦100,000
Correct Answer B. ₦150,000
C. ₦200,000
D. ₦250,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Crawford University 2017 Accounting Question 30. It is one of the objective questions from the 2017 Post Utme Crawford University Accounting examination.

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