Post Utme Noun 2022 Accounting Question 40

Practice objective / multiple choice question 40 from the 2022 Post Utme Noun Accounting examination.

Post Utme Noun 2022 Accounting Objective / Multiple Choice

Question 40 POST_UTME_NOUN • 2022 • ACCOUNTING • objective

A company's profit and loss account shows the following: Sales ₦220,000, Cost of Goods Sold ₦160,000. What is the company's gross profit?

A. ₦30,000

B. ₦40,000

C. ₦50,000

D. ₦60,000

Correct Answer

N/A

This is Post Utme Noun 2022 Accounting Question 40. It is one of the objective questions from the 2022 Post Utme Noun Accounting examination.

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