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The fees charged on postal order by the post office is
A major function of chamber of commerce is
The rate where a country's exports exchange for its imports is called
A government policy that encourages transfer of ownership from foreigners to indigenes of the country is known as
The function of commerce in relation to production is
| ₦ |
₦ |
||
|
Stock 1/1 |
20,000 | Net sales | 370,000 |
|
Add purchases |
250,000 | ||
|
Cost of goods available for sale |
270,000 | ||
|
Less stock 31/12 |
40,000 | ||
|
Cost of goods sold |
230,000 | ||
|
Rent expenses |
35,000 |
Calculate the net profit
| ₦ |
₦ |
||
|
Stock 1/1 |
20,000 | Net Sales | 370,000 |
|
Add purchases |
250,000 | ||
|
Cost of goods available for sale |
270,000 | ||
|
Less stock 31/12 |
40,000 | ||
|
Cost of goods sold |
230,000 | ||
|
Rent expenses |
35,000 |
Find the gross profit
An example of a cartel is
An announcement of a person's willingness to enter into a contract is referred to as
At the collapse of a business enterprises, the person appointed to dispose off the assets is called
The concept that refers to the sale, transfer or exchange of goods and services is
Insurance against burglary is an example of
The government agency involved in issuing of export licences is
A business organization that exploits the capabilities of a member to remedy the weakness of another is a
One of the functions of a retailer is the
An agreement that is enforceable in law is
The process of converting a non-profit making organisation to a profit-making business is
A bill of exchange already accepted can be discounted by the holder in
Which of the following attracts only interest but leaves the capital unpaid?
One disadvantages of advertising is that it