When expenses on trading are deducted, the result is the

COMMERCE
JAMB 2016

When expenses on trading are deducted, the result is the

  • A. rate of turn over
  • B. net profit
  • C. gross profit
  • D. cost of goods sold

Correct Answer: B. net profit



Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *
Add Math
Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.