Post Utme Futo 2022 Accounting Question 34
Practice objective / multiple choice question 34 from the 2022 Post Utme Futo Accounting examination.
A company's profit and loss account shows the following accounts: Sales ₦500,000, Cost of Goods Sold ₦300,000, Gross Profit ₦200,000, Operating Expenses ₦100,000, Net Profit ₦100,000. What is the company's gross profit margin?
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About This Question
This is Post Utme Futo 2022 Accounting Question 34. It is one of the objective questions from the 2022 Post Utme Futo Accounting examination.
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