Post Utme Uniosun 2018 Accounting Question 3
Practice objective / multiple choice question 3 from the 2018 Post Utme Uniosun Accounting examination.
A company's profit and loss account for the year ended December 31, 2022, showed the following: Sales: ₦1,500,000 Cost of Goods Sold: ₦1,000,000 Gross Profit: ₦500,000 Operating Expenses: ₦200,000 Net Profit: ₦300,000 Determine the company's gross profit margin.
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About This Question
This is Post Utme Uniosun 2018 Accounting Question 3. It is one of the objective questions from the 2018 Post Utme Uniosun Accounting examination.
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