by: Admin_LouisPosted on: Use the information above to answer the question Calculate the net profit. Use the information above to answer the questionCalculate the net profit.A N35,000B N40,000C N105,000D N115,000Answer is C Share this:TwitterFacebookLike this:Like Loading... Related posts:Ibrahim, a micro business operator, sold 10 bags of sugar to Jide at a total cost of #12,000. The record in Jide’s book would be to debitUsing FIFO method, what would be the value of stock as at 9/5/07?Determine the value of prime costIn what way can goodwill be written off in a partnership business?