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Gross profit can be calculated as ____________
Classroom
Commerce Classroom
Neco
Neco 2005
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Gross profit can be calculated as ____________
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Cost of good sold minus cost of goods available for sale
B
Cost of goods available for sales minus sale
C
Sales minus purchases
D
Sales minus cost of good sold
E
Sales minus closing stock
Show Answer
Show Explanation
Correct Answer:
Option D
Explanation:
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Accounts - Principles of Accounts
Animal Husbandry
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