Turnover – NBC Institute

FA – Nov 2012 – L1 – SB – Q32 – Financial Statements Preparation

Calculate turnover based on the cost of goods sold and profit margin.

Question

If the cost of goods sold is N315,060 and the profit margin is 25%, what is the turnover?

Answer

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Tags: Cost of Goods Sold, Profit margin, Revenue, Turnover
Level: Level 1

Topic: Financial Statements Preparation
Series: NOV 2012

BL – May 2024 – L1 – SA – Q4 – Company Law

Identifying the maximum turnover for a small company under Nigerian law.

Question

The maximum turnover of a small company is
A. N20 million
B. N50 million
C. N80 million
D. N100 million
E. N120 million

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Law, Company Law, Legal Framework, Small Companies, Turnover
Level: Level 1

Topic: Company Law
Series: MAY 2024

FA – Nov 2012 – L1 – SB – Q32 – Financial Statements Preparation

Calculate turnover based on the cost of goods sold and profit margin.

Question

If the cost of goods sold is N315,060 and the profit margin is 25%, what is the turnover?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Cost of Goods Sold, Profit margin, Revenue, Turnover
Level: Level 1

Topic: Financial Statements Preparation
Series: NOV 2012

BL – May 2024 – L1 – SA – Q4 – Company Law

Identifying the maximum turnover for a small company under Nigerian law.

Question

The maximum turnover of a small company is
A. N20 million
B. N50 million
C. N80 million
D. N100 million
E. N120 million

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Law, Company Law, Legal Framework, Small Companies, Turnover
Level: Level 1

Topic: Company Law
Series: MAY 2024

Question Tag: Turnover

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FA – Nov 2012 – L1 – SB – Q32 – Financial Statements Preparation

Calculate turnover based on the cost of goods sold and profit margin.

BL – May 2024 – L1 – SA – Q4 – Company Law

Identifying the maximum turnover for a small company under Nigerian law.

FA – Nov 2012 – L1 – SB – Q32 – Financial Statements Preparation

Calculate turnover based on the cost of goods sold and profit margin.

BL – May 2024 – L1 – SA – Q4 – Company Law

Identifying the maximum turnover for a small company under Nigerian law.

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FA – Nov 2012 – L1 – SB – Q32 – Financial Statements Preparation

Calculate turnover based on the cost of goods sold and profit margin.

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BL – May 2024 – L1 – SA – Q4 – Company Law

Identifying the maximum turnover for a small company under Nigerian law.

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FA – Nov 2012 – L1 – SB – Q32 – Financial Statements Preparation

Calculate turnover based on the cost of goods sold and profit margin.

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BL – May 2024 – L1 – SA – Q4 – Company Law

Identifying the maximum turnover for a small company under Nigerian law.

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