Use the following information
₦hlineOpening capital60,000 Drawings4,000 Cost of sales50,000 General expenses7,000 Mark-up50%
Net profit is
A ₦ 43,000
B ₦25,000
C ₦23,000
D ₦18,000
Answer is D
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Use the following information
₦hlineOpening capital60,000 Drawings4,000 Cost of sales50,000 General expenses7,000 Mark-up50%
Net profit is
A ₦ 43,000
B ₦25,000
C ₦23,000
D ₦18,000
Answer is D
