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2291
The debit ratio is approximately
  • A. 43%
  • B. 42%
  • C. 41%
  • D. 23%
View Answer & Discuss JAMB 2008
2292
Which of the following is true of Uju Nig.Ltd?
  • A. It is a highly geared company
  • B. It has no liquidity problem in the short term
  • C. It is adequately secured in fixed assets
  • D. It's working capital is zero
View Answer & Discuss JAMB 2008
2293
Goods worth N300 was transferred from department Q to P Similarly, P's total expenses for the period was N200

What was department Q's gross profit?
  • A. N2 500
  • B. N2 300
  • C. N 2 200
  • D. N1700
View Answer & Discuss JAMB 2008
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2294
Goods worth N300 was transferred from department Q to P Similarly, P's total expenses for the period was N200

Department P's net profit was
  • A. N5 200
  • B. N3000
  • C. N2800
  • D. N2 500
View Answer & Discuss JAMB 2008
2295

If the gross profit margin is 10% of sales, what is the value of the cost of goods sold?

  • A. N10,000
  • B. N90,000
  • C. N105,600
  • D. N110,000
View Answer & Discuss JAMB 2009
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