WAEC Agricultural Science Past Questions & Answers - Page 143

711.

A farm business makes profit when

A.

Total revenue ewuals total cost

B.

Total cost exceeds total revenue

C.

Total revenue exceeds total cost

D.

Total revenue equals average cost

Correct answer is C

No explanation has been provided for this answer.

712.

An example of long-term liability of a farmer is

A.

Capital

B.

Interest

C.

Salary

D.

Taxes

Correct answer is C

No explanation has been provided for this answer.

713.

Determine the cost price of a farm equipment that has a salvage value of N500,000.00, a useful life of 10 years and an annual depreciation of N400,000.00.

A.

N500,000.00

B.

N900,000.00

C.

N4,500,000.00

D.

N5,500,000.00

Correct answer is C

No explanation has been provided for this answer.

714.

If an injured goat bleeds without clotting, it is likely that the goat is deficient in

A.

Vitamin D

B.

Vitamin K

C.

Vitamin E

D.

Vitamin C

Correct answer is B

No explanation has been provided for this answer.

715.