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  9. Q82
Question 82

Gross profit is correctly ascertained by

  • A.adding opening stock to purchases
  • B.adding closing stock to sales
  • C.subtracting returns outwards from purchases
  • D.subtracting returns inwards from sales
  • E.subtracting cost of goods sold from sales
Objective

Question details

Exam body
WAEC
Subject
Commerce
Year
1998
Question no.
#82
Type
Objective
Previous · Q81A supplier who needs to make additional charges for goods delivered will send Next · Q83 The returns from capital investment are known as

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