Post Utme Ims U 2018 Accounting Question 37

Practice objective / multiple choice question 37 from the 2018 Post Utme Ims U Accounting examination.

Post Utme Ims U 2018 Accounting Objective / Multiple Choice
Question 37 POST_UTME_IMS_U • 2018 • ACCOUNTING • objective

A company's income statement shows the following items: Cost of Goods Sold ₦200,000, Gross Profit ₦150,000, Operating Expenses ₦100,000, and Net Income ₦50,000. What is the total amount of expenses?

Answer Options

A. ₦250,000
B. ₦300,000
Correct Answer C. ₦350,000
D. ₦400,000
Correct Answer
C
Correct Option:
₦350,000

About This Question

This is Post Utme Ims U 2018 Accounting Question 37. It is one of the objective questions from the 2018 Post Utme Ims U Accounting examination.

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