Post Utme Eksu 2018 Accounting Question 5

Practice objective / multiple choice question 5 from the 2018 Post Utme Eksu Accounting examination.

Post Utme Eksu 2018 Accounting Objective / Multiple Choice
Question 5 POST_UTME_EKSU • 2018 • ACCOUNTING • objective

A company has the following data: Sales 100,000; Cost of Goods Sold 60,000; Gross Profit 40,000. What is the gross profit margin?

Answer Options

Correct Answer A. 40%
B. 50%
C. 60%
D. 70%
Correct Answer
A
Correct Option:
40%

About This Question

This is Post Utme Eksu 2018 Accounting Question 5. It is one of the objective questions from the 2018 Post Utme Eksu Accounting examination.

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