Post Utme Joseph Ayo Babalola University 2017 Commerce Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2017 Commerce Objective / Multiple Choice
Question 22 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2017 • COMMERCE • objective

A company's profit is calculated as Revenue - Cost of Goods Sold - Operating Expenses. If the revenue is ₦1,500,000, the cost of goods sold is ₦900,000, and the operating expenses are ₦200,000, what is the company's profit?

Answer Options

Correct Answer A. ₦400,000
B. ₦500,000
C. ₦600,000
D. ₦700,000
Correct Answer
A
Correct Option:
₦400,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2017 Commerce Question 22. It is one of the objective questions from the 2017 Post Utme Joseph Ayo Babalola University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support