In the capital structure of a Public Limited Company, the term equity refers to?
A. preference shares B. ordinary shares C. debentures D. stocks E. bonds Correct Answer: Option B – ordinary shares
XYZ Ltd’s total sales was #100,000. It had opening stock of #20,000 and closing stock of #22,000. It bought goods worth #80,000 and paid #2,000 for rent. XYZ Ltd’s Net Profit is
A. #58,000.00 B. #38,000.00 C. #24,000.00 D. #22,000.00 E. #20,000.00 Correct Answer: Option E – #20,000.00XYZ Ltd’s total sales was #100,000. It had opening stock of #20,000 and closing stock of #22,000. It bought goods worth #80,000 and paid #2,000 for rent. XYZ Ltd’s profit is?
A. #58,000.00 B. #42,000.00 C. #38,000.00 D. #22,000.00 E. #20,000.00 Correct Answer: Option D – #22,000.00
The time allowed for unloading and loading ships is referred to as?
A. days of grace B. charter by demise C. voyage charter D. time charter E. lay days Correct Answer: Option E – lay daysProducts
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