Post Utme Delsu 2021 Accounting Question 4
Practice objective / multiple choice question 4 from the 2021 Post Utme Delsu Accounting examination.
A company's income statement for the year ended December 31, 2020, shows the following: Revenue ₦1,000,000, Cost of Goods Sold ₦600,000, Gross Profit ₦400,000, Operating Expenses ₦150,000, and Net Income ₦250,000. What is the company's gross profit margin?
Answer Options
About This Question
This is Post Utme Delsu 2021 Accounting Question 4. It is one of the objective questions from the 2021 Post Utme Delsu Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.