Cost price
Branch profit
Selling price
Branch expenses
Correct answer is A
No explanation has been provided for this answer.
When shares are sold at less than the nominal value, it means they are issued at
A premium
A loss
A discount
Par
Correct answer is C
No explanation has been provided for this answer.
Which of the following is a capital reserve?
Profit and loss account balance
Share premium
Gross profit
Share discount
Correct answer is B
No explanation has been provided for this answer.
Which of the following ratios measure the ability of a firm to meet short-term obligations?
Net profit margin
Quick asset ratio
Turnover
Creditors ratio
Correct answer is B
No explanation has been provided for this answer.
The correct order of liquidity is
Stock, debtors, prepayments and cash
Cash, payments, debtors and stock
Stock, cash, debtors and preyaments
Debtors, stock, cash and prepayments
Correct answer is A
No explanation has been provided for this answer.