Post Utme Noun 2024 Accounting Question 40

Practice objective / multiple choice question 40 from the 2024 Post Utme Noun Accounting examination.

Post Utme Noun 2024 Accounting Objective / Multiple Choice
Question 40 POST_UTME_NOUN • 2024 • ACCOUNTING • objective

A company's income statement shows the following data: Sales Revenue ₦200,000, Cost of Goods Sold ₦150,000, and Net Income ₦50,000. What is the company's gross profit?

Answer Options

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

About This Question

This is Post Utme Noun 2024 Accounting Question 40. It is one of the objective questions from the 2024 Post Utme Noun Accounting examination.

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