Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Use the information above to answer this question
What is the ratio?
2.95:1
4.25:1
4.75:1
5,55:1
Correct answer is A
No explanation has been provided for this answer.
Use the information Above to answer this question
What is the current ratio?
4:1
4.5:1
5:1
25.5:1
Correct answer is C
No explanation has been provided for this answer.
pre-emptive right
shareholders right
ex-dividend right
over-subscription right
Correct answer is B
No explanation has been provided for this answer.
Which of the following statement is true of preferred stockholders?
They have no voting rights at annual general meetings
They first claim company asset before creditors
The have first claim to company asset after all debts have been settled
They share dividends equally with common shareholders
Correct answer is A
No explanation has been provided for this answer.
Which of the following is an example of a conglomerate?
National Electric Power Authority
United Africa Company Nigeria Plc
The Nigeria Railway Corporation
First Bank of Nigeria Plc
Correct answer is B
No explanation has been provided for this answer.