Post Utme Oau 2025 Accounting Question 40

Practice objective / multiple choice question 40 from the 2025 Post Utme Oau Accounting examination.

Post Utme Oau 2025 Accounting Objective / Multiple Choice
Question 40 POST_UTME_OAU • 2025 • ACCOUNTING • objective

A company's income statement has the following account balances: Sales 100,000, Cost of Goods Sold 60,000, Gross Profit 40,000, Operating Expenses 20,000, Net Income 20,000. What is the company's net income?

Answer Options

A. 20,000
B. 40,000
C. 60,000
D. 80,000
Correct Answer
N/A

About This Question

This is Post Utme Oau 2025 Accounting Question 40. It is one of the objective questions from the 2025 Post Utme Oau Accounting examination.

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