Post Utme Lead City University 2017 Commerce Question 8

Practice objective / multiple choice question 8 from the 2017 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2017 Commerce Objective / Multiple Choice
Question 8 POST_UTME_LEAD_CITY_UNIVERSITY • 2017 • COMMERCE • objective

A firm's revenue is 100,000 and its cost of goods sold is 60,000. What is the firm's gross profit?

Answer Options

Correct Answer A. 40,000
B. 60,000
C. 80,000
D. 100,000
Correct Answer
A
Correct Option:
40,000

About This Question

This is Post Utme Lead City University 2017 Commerce Question 8. It is one of the objective questions from the 2017 Post Utme Lead City University Commerce examination.

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