Post Utme Osustech 2023 Accounting Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Osustech Accounting examination.

Post Utme Osustech 2023 Accounting Objective / Multiple Choice
Question 15 POST_UTME_OSUSTECH • 2023 • ACCOUNTING • objective

A company's trial balance as at 31st December 2022 is as follows: Sales 500,000, Cost of Goods Sold 300,000, and Net Profit 150,000. Calculate the company's gross profit.

Answer Options

A. 200,000
B. 250,000
Correct Answer C. 300,000
D. 350,000
Correct Answer
C
Correct Option:
300,000

About This Question

This is Post Utme Osustech 2023 Accounting Question 15. It is one of the objective questions from the 2023 Post Utme Osustech Accounting examination.

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