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  9. Q15
Question 15

The net profit of a business is determined by?

  • A.deducting cost of goods sold from sales
  • B.deducting purchases from sales
  • C.adding commission received to gross profit
  • D.deducting all expenses from gross profit and other income
Objective

Question details

Exam body
WAEC
Subject
Commerce
Year
2005
Question no.
#15
Type
Objective
Previous · Q14Which of the following is an intangible assets of a firm? Next · Q16 An organization formed mainly by traders on the same line of business is known…

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