The accumulated fund of a non-trading concern can equally be referred to as?

The partnership deed normally specifies?

A. how profits or losses are to be shared B. the capital to be contributed annually C. how salaries are paid to employees D. the profit that should be earned annually Correct Answer: Option A – how profits or losses are to be shared Explanation A partnership...
The accumulated fund of a non-trading concern can equally be referred to as?

The company’s earnings yield is?

Earnings per share 47k Dividends per share 30k Per value of each share N1.20 market price per share NM1.50   A. N20.00% B. N25.00% C. N31.33% D. N39.17% Correct Answer: Option C – N31.33% Explanation The earnings yield refers to the earnings per share for...

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