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Accounts - Principles of Accounts 2018 JAMB Past Questions

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76

when a bill is negotiated to a bank , it is said to be?

  • A. accepted
  • B. discounted
  • C. surrendered
  • D. cashed
View Answer & Discuss JAMB 2018
77

Bala ltd acquired the business of bello ltd and caused the separate existence of the latter company to terminate. 

  • A. conversion
  • B. dissolution
  • C. merger
  • D. absorption
View Answer & Discuss (1) JAMB 2018
78

In order to make the cash book balance equal to the bank statement, it is usually to add?

  • A. uncredited cheques
  • B. direct payments by bank
  • C. bank charged
  • D. unpresented cheques
View Answer & Discuss JAMB 2018
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Tanko Ltd had
Earnings per share 47k
Dividends per share 30k
Per value of each share N1.20
market price per share NM1.50

 

79

The company's earnings yield is?

  • A. N20.00%
  • B. N25.00%
  • C. N31.33%
  • D. N39.17%
View Answer & Discuss JAMB 2018
80

what will be the price earnings ratio of the company?

  • A. N3.91
  • B. N3.19
  • C. N2.95
  • D. N2.55
View Answer & Discuss JAMB 2018
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