Question 1 of 20
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Find the current ratio
A 1.53:1
B 1, 85:1
C 0. 87: 1
D 0, 50:1
Use the information above to answer questions
What is the owners' equity?
A N 250 000
B N 300 000
C N 420 000
D N 200 000
Public debt management is one of the functions of a?
A merchant bank
B central bank
C commercial bank
D development bank
A type of long-term loan granted to companies with fixed interest as well as with redeemable and irredeemable features is referred to as?
A a denbenture
B a bond
C a term loan
D an overdraft
Money can simply be referred to as a?
A medium of exchange
B means for the settlement of debts
C durable assets for doing business
D standard of value
The body with the responsibility to register shares for subscription on the stock market in Nigeria is the?
A Securties and Exchange Commission
B Nigerian Stock Exchange
C Nigerian Deposit Insurance Company
D Central Bank of Nigeria
An essential factor for evaluating the different sources of funds for a business is the?
A decree establishing the business
B ownership structure of the business concern
C size and the type of the business
D burden of cost and repayment
A source of short-term finance to companies is?
A share capital
B debentures
C retained earnings
D corperate tax
Banks are engaged in the business of buying and selling of?
A bills of exchange
B instruments of credit
C intangible products
D land
The most widely used computer language that focuses on solving science-oriented problems is?
A FORTRAN
B BASIC
C ADA
D COBOL
The protection of consumers against exploitation by manufacturers is to ensure?
A thaty there are varieties of product
B that the right quality of goods and services is sold
C increase in production capacity
D increase in the level of consumers awareness
The market structure, business conditions and financial system in Nigeria constitute the?
A economic enironment
B political environment
C cultural environment
D technological environment
The device which interprets and carries out the instructions presented to it by the computer program is known as?
A software
B microprocessor
C mouse
D hard-disk
A major benefit derivable from the privatization and commercialization of public enterprises in Nigeria is?
A increase in wages
B employment generation
C information technology
D revenue generation
Electronic computers differ and minimize errors in a?
A faster and more accurate manner
B more organized manner
C faster but less accurate manner
D slower but more accurate manner
Privatization is concerned with?
A equal ownership between the public and the governement
B thje dilution of ownership among the public
C the individual ownership of companies
D governement ownership of companies
The ECOBANK is the initiative of?
A some well-meaning Nigerian shareholders
B the Federal Government of Nigeria
C West African states tto foster trade
D the Lagos State Governement to enhance capital mobilization
Social responsibility of an organization to?
A tackle the socio-economic problem of its community
B meet the needs of its community
C contribute to sustaining and developing its community
D operate without disrupting the very essence of the enviroment
The act of a person employing another to enter into a contract on his behalf is known as?
A business
B sale of goods
C bilateral agreement
D agency
The government policy thrust on the business environment is to?
A promote experts
B attract investors
C be self-sufficient
D increase production
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