Post Utme Igbinedion University 2023 Accounting Question 14
Practice objective / multiple choice question 14 from the 2023 Post Utme Igbinedion University Accounting examination.
A company's income statement for the year ended 31st December, 2022 is as follows: Sales ₦ 50,000 Cost of Goods Sold ₦ 20,000 Gross Profit ₦ 30,000 Operating Expenses ₦ 10,000 Net Income ₦ 20,000 What is the company's gross profit margin?
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This is Post Utme Igbinedion University 2023 Accounting Question 14. It is one of the objective questions from the 2023 Post Utme Igbinedion University Accounting examination.
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