When an oil exploring and mining company builds a health centre in one community where at operates, such a company is?

What is the acid ratio?

# # Capital 8000 Plant and machinery 5000 Net profit 4000 Motor van 4500 Drawings 200 Stock 2000 Creditors 2000 Debtor 1000 Accruals 300 Bank 100 Cash 600 14100 14100 A. 1.13 : 1 B. 2 : 1 C. 4.75 : 1 D. 4.25 : 1 Correct Answer: Option A = 1.13 :...
When an oil exploring and mining company builds a health centre in one community where at operates, such a company is?

A Major function of commerce is to?

A. facilitate human satisfaction through exchange B. eliminate trade barriers C. provide raw materials for manufacturers D. influence government policies Correct Answer: Option A – facilitate human satisfaction through exchange Explanation Commerce provides the...
When an oil exploring and mining company builds a health centre in one community where at operates, such a company is?

One of the major reasons for merger is to?

A. reduce the number of unskilled manpower B. increase the number of skilled manpower C. prevent liquidation D. liberalize the market Correct Answer: Option C – prevent liquidation Explanation Synergy: One of the main reasons why companies merge or acquire other...
When an oil exploring and mining company builds a health centre in one community where at operates, such a company is?

Petrol voucher is an example of a?

A. bank draft B. legal tender C. token money D. partial money Correct Answer: Option D – partial money Explanation Partial payment refers to the offering of a payment by check for less than the full amount claimed by the...

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