Post Utme Unilag 2025 Accounting Question 20
Practice objective / multiple choice question 20 from the 2025 Post Utme Unilag Accounting examination.
A company's profit and loss account for the year ended 31st December 2024 is as follows: Sales: ₦1,500,000 Cost of Goods Sold: ₦1,200,000 Gross Profit: ₦300,000 Operating Expenses: ₦100,000 Net Profit: ₦200,000 What is the company's gross profit margin?
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This is Post Utme Unilag 2025 Accounting Question 20. It is one of the objective questions from the 2025 Post Utme Unilag Accounting examination.
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