Use the information above to answer the question
Find the gross profit.
-
A.
N370,000 -
B.
N230,000 -
C.
N150,000 -
D.
N140,000
Correct Answer: Option D
Explanation
Gross profit = sales – cost of goods sold
370,000 – 230,000 = 140,000
Use the information above to answer the question
Find the gross profit.
Gross profit = sales – cost of goods sold
370,000 – 230,000 = 140,000