Post Utme Lead City University 2018 Accounting Question 34
Practice objective / multiple choice question 34 from the 2018 Post Utme Lead City University Accounting examination.
A company's income statement shows the following information: Sales Revenue ₦1,500,000, Cost of Goods Sold ₦900,000, Gross Profit ₦600,000, Operating Expenses ₦150,000, Net Income ₦450,000. What is the company's gross profit margin?
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About This Question
This is Post Utme Lead City University 2018 Accounting Question 34. It is one of the objective questions from the 2018 Post Utme Lead City University Accounting examination.
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