Commerce

Determine the company’s reserve share capital?

Miamani Plc, whose nominal capital is made up of 5000 000 ordinary shares of 50k each, decided to offer 80%…

4 years ago

The components of capital employed in a business are?

A. owners' equity and long-term debts B. total assets and current liabilities C. share capital and long-term debts D. share…

4 years ago

What is the company’s reserve share capital?

Miamani Plc, whose nominal capital is made up of 5000 000 ordinary shares of 50k each, decided to offer 80%…

4 years ago

The cheapest source of funds available to a company is through?

A. the sale of shares B. retained profits C. the sale of bonds D. lease financing Correct Answer: Option B…

4 years ago

An example of a cartel is?

A. OPEC B. ECOWAS C. AU D. EU Correct Answer: Option A - OPEC

4 years ago

A proposed company may not be registered if?

A. the name conflicts with that of another B. it does not put 'limited' after its proposed name C. it…

4 years ago

A document which gives a legal status to a company is the certificate of?

A. incorporation B. trading C. commencement of business D. business registration Correct Answer: Option A - incorporation

4 years ago

The promotion of savings culture is a feature of a?

A. trade association B. consumers' cooperative society C. thrift cooperative society D. business association Correct Answer: Option C - thrift…

4 years ago

The quality and quantity of production mostly depend on the?

A. effectiveness of factors B. availability of factors C. level of education of entrepreneurs D. level of cooperation among workers…

4 years ago

The process of changing the form of a new material is known as?

A. fabrication B. extraction C. conversion D. production Correct Answer: Option D - production

4 years ago