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Which of the following is not a principle of insurance
An overdraft is
A document issued to the public by a company to advertise its share is known as
The total assets of a business less its total liability is known as
The turnover of a trade is the
In marine insurance, when a particular cargo is thrown into the sea in order to prevent the ship from sinking, the type of marine loss is
A trader's turnover was D36,000. Purchases was D28,000. The opening stock was D2,000 and the closing stock was D3,000.
What is the rate of turnover?
A trader's turnover was D36,000. Purchases was D28,000. The opening stock was D2,000 and the closing stock was D3,000.
The average stock is
A trader's turnover was D36,000. Purchases was D28,000. The opening stock was D2,000 and the closing stock was D3,000.
What is the cost of goods sold?
A trader's turnover was D36,000. Purchases was D28,000. The opening stock was D2,000 and the closing stock was D3,000.
What is the cost of goods sold?
The main divisions of production are
Shipping services rendered by Nigeria to The Gambia would be classified by The Gambia as
Which of the following is a means of payment?
Manufacturers may sell goods directly to consumers where goods are i. made to customer's specification ii. advertised by the manufacturer iii. perishable iv. highly technical v. widely demanded
If Karamo who lives in The Gambia imports goods from Senegal and later sells them in Guinea Bissau; Karamo is engaged in
Taxes on imported foreign goods are also known as
The last link in the channel of distribution is the
Which of the following are elements of a valid contract?
One of the advantages of air transport over other forms of transport is
That portion of the share capital which the company has asked the shareholders to pay for is known as