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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
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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
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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

 

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
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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
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