Post Utme Joseph Ayo Babalola University 2022 Accounting Question 32
Practice objective / multiple choice question 32 from the 2022 Post Utme Joseph Ayo Babalola University Accounting examination.
A company's profit and loss account for the year ended 31st December 2021 is as follows: | Particulars | ₦ | | --- | --- | | Sales | 200,000 | | Cost of Goods Sold | 150,000 | | Gross Profit | 50,000 | | Operating Expenses | 20,000 | | Net Profit | 30,000 | What is the gross profit percentage?
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This is Post Utme Joseph Ayo Babalola University 2022 Accounting Question 32. It is one of the objective questions from the 2022 Post Utme Joseph Ayo Babalola University Accounting examination.
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