Post Utme Rhema University 2018 Accounting Question 30
Practice objective / multiple choice question 30 from the 2018 Post Utme Rhema University Accounting examination.
A company's profit and loss account shows the following: | Particulars | ₦ | Particulars | ₦ | | --- | --- | --- | --- | | Sales | 100,000 | Cost of Goods Sold | 60,000 | | Gross Profit | 40,000 | Operating Expenses | 20,000 | | Net Profit | 20,000 | | | What is the gross profit percentage?
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This is Post Utme Rhema University 2018 Accounting Question 30. It is one of the objective questions from the 2018 Post Utme Rhema University Accounting examination.
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