Post Utme Lead City University 2021 Accounting Question 14

Practice objective / multiple choice question 14 from the 2021 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2021 Accounting Objective / Multiple Choice
Question 14 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's manufacturing account shows a cost of goods sold of ₦150,000. If the company's sales revenue is ₦200,000, what is the gross profit?

Answer Options

A. ₦25,000
B. ₦50,000
Correct Answer C. ₦75,000
D. ₦100,000
Correct Answer
C
Correct Option:
₦75,000

About This Question

This is Post Utme Lead City University 2021 Accounting Question 14. It is one of the objective questions from the 2021 Post Utme Lead City University Accounting examination.

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