Accounting WAEC

Gross profit is?
Gross profit is?Gross profit is?

Use the following information to answer the given question

N
Fixed assets 12,000
Current assets 5,000
Current liabilities 2,300
Capital 10,000
Long term liabilities 4,700

 

A. N8,300
B. N8,200
C. N7,700
D. N7,600
E. N7,100

Correct Answer:

Option E – N7,100

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5 years ago

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