A company has two departments X and Y. Y transferred goods to X at a...
FINANCIAL
JAMB 2003
A company has two departments X and Y. Y transferred goods to X at a profit margin of 25%. N10,000 worth of goods was not sold at the end of the accounting period. How much is the unrealized profit?
- A. N2000
- B. N2500
- C. 12000
- D. 12500
Correct Answer: A. N2000
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