Use the information below to answer question 4 and 5. Sales N20,000 Cost sales N10,000
FINANCIAL
JAMB 2000
Use the information below to answer question 4 and 5. Sales N20,000 Cost sales N10,000 Operating expenses N2,500 Expenses prepaid included in operating expenses N500. Calculate the net profit?
- A. N12,500
- B. N10,000
- C. N8,000
- D. N7,500
Correct Answer: C. N8,000
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