Post Utme Joseph Ayo Babalola University 2018 Accounting Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2018 Accounting Objective / Multiple Choice
Question 24 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's income statement shows the following data: Sales Revenue: ₦300,000; Cost of Goods Sold: ₦150,000; Operating Expenses: ₦100,000. Calculate the net income.

Answer Options

A. ₦50,000
B. ₦60,000
C. ₦70,000
Correct Answer D. ₦80,000
Correct Answer
D
Correct Option:
₦80,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2018 Accounting Question 24. It is one of the objective questions from the 2018 Post Utme Joseph Ayo Babalola University Accounting examination.

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