Post Utme Elizade University 2019 Commerce Question 43

Practice objective / multiple choice question 43 from the 2019 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2019 Commerce Objective / Multiple Choice
Question 43 POST_UTME_ELIZADE_UNIVERSITY • 2019 • COMMERCE • objective

A company has the following income statement: Revenue = ₦200m, Cost of Goods Sold = ₦150m, Operating Expenses = ₦20m. What is the company's gross profit?

Answer Options

Correct Answer A. ₦30m
B. ₦40m
C. ₦50m
D. ₦60m
Correct Answer
A
Correct Option:
₦30m

About This Question

This is Post Utme Elizade University 2019 Commerce Question 43. It is one of the objective questions from the 2019 Post Utme Elizade University Commerce examination.

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