Post Utme Lasu 2017 Accounting Question 4

Practice objective / multiple choice question 4 from the 2017 Post Utme Lasu Accounting examination.

Post Utme Lasu 2017 Accounting Objective / Multiple Choice
Question 4 POST_UTME_LASU • 2017 • ACCOUNTING • objective

A company's profit and loss account shows a net profit of ₦80,000. If the company's turnover is ₦400,000 and its gross profit is ₦180,000, what is the company's operating expenses?

Answer Options

A. ₦60,000
B. ₦70,000
Correct Answer C. ₦80,000
D. ₦90,000
Correct Answer
C
Correct Option:
₦80,000

About This Question

This is Post Utme Lasu 2017 Accounting Question 4. It is one of the objective questions from the 2017 Post Utme Lasu Accounting examination.

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