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An association that protects the interest of members in the same line of business is?
Which of the following means of payment makes the bank both the drawer and drawee
How many countries make up the River Niger Basin commission
When a government acquires business enterprises formerly owned by individuals, it is termed?
Which of the following aids to trade facilitates production ahead of demand
Dividing the market for a product according to potential buyers who have common characteristics is?
The insurance services rendered to a foreign shipping company are treated as?
A professional in insurance who evaluates the level of loss claims is
An extra commission paid to an agent who guarantees credit sales made by him is?
The practice of giving a particular name to a product by a manufacturer is
\(\begin{array}{c|c}
N & N \\
\hline
\text{Capital 8000} & \text{Plant and machinery5000}\\
\hline
\text{Net profit 4000} & \text{Motor Van 4500} \\
\hline
\text{Drawings 200} & \text{Stock 2000} \\
\hline
\text{Creditors 2000} & \text{Debtors 1000} \\
\hline
\text{Accurals 300} & \text{Banks 100} \\
\hline
& \text{Cash 600} \\
\hline
14100 & 14100 \\
\end{array}\)
What is the current ratio?
Given
\(\begin{array}{c|c}
\text{Opening stock} & 50,000 \\
\hline
\text{Purchases} & 200,000 \\
\hline
\text{Sales} & 350,000 \\
\hline
\text{Closing stock} & 80,000 \\
\end{array}\)
What is the cost of good sold?
Musa obtains wool from his sheep, spins and transform it into cloth which he sells to consumers, this is a form of
The term 4 net 7 on an invoice means that
The business environment that takes into cognizance the age distribution ethnic mix and educational level of the consumer is
A bond which attracts interest but leaves the capital repaid is referred to as