Post Utme Noun 2023 Commerce Question 35

Practice objective / multiple choice question 35 from the 2023 Post Utme Noun Commerce examination.

Post Utme Noun 2023 Commerce Objective / Multiple Choice
Question 35 POST_UTME_NOUN • 2023 • COMMERCE • objective

A company has the following financial data: Revenue = ₦2,000,000, Cost of Goods Sold = ₦1,200,000, Operating Expenses = ₦400,000. What is the company's Gross Profit Margin?

Answer Options

A. 0.60
B. 0.65
Correct Answer C. 0.70
D. 0.75
Correct Answer
C
Correct Option:
0.70

About This Question

This is Post Utme Noun 2023 Commerce Question 35. It is one of the objective questions from the 2023 Post Utme Noun Commerce examination.

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