Post Utme Ims U 2017 Accounting Question 39

Practice objective / multiple choice question 39 from the 2017 Post Utme Ims U Accounting examination.

Post Utme Ims U 2017 Accounting Objective / Multiple Choice
Question 39 POST_UTME_IMS_U • 2017 • ACCOUNTING • objective

A company's profit and loss account shows a net profit of ₦50,000. If the company's turnover is ₦1,000,000 and its gross profit is ₦200,000, what is the company's operating expenses?

Answer Options

A. ₦100,000
B. ₦150,000
Correct Answer C. ₦200,000
D. ₦250,000
Correct Answer
C
Correct Option:
₦200,000

About This Question

This is Post Utme Ims U 2017 Accounting Question 39. It is one of the objective questions from the 2017 Post Utme Ims U Accounting examination.

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