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Accounts - Principles of Accounts Past Questions

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2591

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
2592

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
Tanko Ltd had
Earnings per share 47k
Dividends per share 30k
Per value of each share N1.20
market price per share NM1.50

 

2593

The company's earnings yield is?

  • A. N20.00%
  • B. N25.00%
  • C. N31.33%
  • D. N39.17%
View Answer & Discuss JAMB 2018
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2594

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
2595

The partnership deed normally specifies?

  • A. how profits or losses are to be shared
  • B. the capital to be contributed annually
  • C. how salaries are paid to employees
  • D. the profit that should be earned annually
View Answer & Discuss JAMB 2018
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