Post Utme Crawford University 2022 Accounting Question 10

Practice objective / multiple choice question 10 from the 2022 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2022 Accounting Objective / Multiple Choice
Question 10 POST_UTME_CRAWFORD_UNIVERSITY • 2022 • ACCOUNTING • objective

A company has the following income statement: Revenue ₦1,000,000, Cost of Goods Sold ₦600,000, and Gross Profit ₦400,000. If the company has a net profit of ₦200,000, what is the operating profit?

Answer Options

A. ₦300,000
Correct Answer B. ₦400,000
C. ₦500,000
D. ₦600,000
Correct Answer
B
Correct Option:
₦400,000

About This Question

This is Post Utme Crawford University 2022 Accounting Question 10. It is one of the objective questions from the 2022 Post Utme Crawford University Accounting examination.

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