N180,000.00
N227,000.00
N279,000.00
N290,000.00
N301,000.00
Correct answer is C
Cost of goods sold = opening stock + purchases - closing stock - returns outwards (returns outwards represent goods that were bought but returned to the supplier due to one reason or the other. It will be subtracted from the purchase)
10,000 + 280,000 - (8,000 - 3,000)
290,000 - 11,000 = 279,000
Telecommunication services are provided by
Bureau De Change
Courier Services
Date Post
NIPOST
NITEL
Correct answer is E
No explanation has been provided for this answer.
Shares that are fully paid can be converted into bulks known as
bonds
capital reserves
debentures
guilt-edged securities
stocks
Correct answer is E
No explanation has been provided for this answer.
The practice of selling some goods below market price to attract more customers is known as
hoarding
loss leader
market sharing
profiteering
speculating
Correct answer is C
No explanation has been provided for this answer.
Shares, stocks, government bonds trade in the stock exchange marks: are known as
debentures
gut-edged stocks
merchandises
securities
treasure bills
Correct answer is D
No explanation has been provided for this answer.