by Sunday | Dec 19 | Commerce JAMB
A. a record of imports and export B. a systematic record of transaction among countries at a given time C. the current and the capital accounts and their payments D. the trade relationships and payment among nations Correct Answer: Option A – a record of imports...
by Sunday | Dec 19 | Commerce JAMB
A. del-credere agent B. a broker C. rack jobber D. a factor Correct Answer: Option A – del-credere agent
by Sunday | Dec 19 | Commerce JAMB
A. the tax paid by wholesalers on their profit enhances national revenue B. by creating artificial scarcity, the wholesaler is enhancing competition C. the wholesaler provides technical advice to the retailer D. the gap between manufacturers and retailers is reduced...
by Sunday | Dec 19 | Commerce JAMB
A. quick ratio B. liquidity ratio C. working capital D. circulating capital Correct Answer: Option C – working capital
by Sunday | Dec 19 | Commerce JAMB
(i) Personal Savings (ii)Retained Earnings (iii)Accrued taxes A. i and ii B. i and iii C. ii and iii D. i, ii and iii Correct Answer: Option C – ii and iii
by Sunday | Dec 19 | Commerce JAMB
A. trust certificate B. detachable warrant C. mortgage bond D. convertible securities Correct Answer: Option C – mortgage bond