The cost of goods sold divided by the average stock held during a trading period gives the
gross profit
net profit
net sales
rate of stock turnover
sum of the opening and closing stock
Correct answer is D
No explanation has been provided for this answer.
a car hire company
one who engages in the transportation of passengers only
an apprentice who helps his master to carry goods
a dealer in various brands of vehicles
one who engages in the transportation of goods and passengers for a fee
Correct answer is E
No explanation has been provided for this answer.
Bill of exchange
Mate's reciept
Ship's manifest
Bill of sight
Customs declaration form
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not a characteristic of Charter party?
It is a contract for carriage by sea
Its document shows freight charges and destination
There are time, voyage and charter by demise
The whole or part of a ship is leased
An association of ship owners
Correct answer is E
No explanation has been provided for this answer.
Which of the following is a disadvantage of air transport?
High speed
Less risk
High cost
Moves on schedule
Conveys perishable goods
Correct answer is C
No explanation has been provided for this answer.