WAEC Commerce Past Questions & Answers - Page 144

When a company raises additional capital by selling shares directly to the public through insurance companies or investment houses, this is known as

Ali Plc with issued capital of #500,000 in #1.00 shares has for now requested shareholders to pay only 50k for each #1.00 share. The amount requested from the shareholders by the company is called?

The total assets of Ogo Plc is #16,000 and the liabilities included loan #2,000, creditors #1,000 and electricity bill #2,000. Calculate the capital owned by the company?

An agent who takes possession of goods and sells in his own name but does not guarantee payment is known as

If goods invoiced at #1,500 were sold to Etim at less 15% trade discount, he would pay