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Commerce 2003 WAEC Past Questions

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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66

(a) Explain five roles of transport to businessmen.

(b) State three characteristics of tramp vessels and two characteristics of ocean liners. 
 

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67
The following is a summary of the assets and liabilities of Odika Enterprises for the year ended December 31st 2000. 
  N
motor vehicle 60,000
fixtures & fittings 60,000
machinery 65,000
warehouse 18,000
stock 20,000
prepayment 10,000
Accrued expenses 12,000
cash-in-hand 8,000
cash at bank 6,000
bank overdraft 3,500
creditors 5,000
Debtors 6,000
premises 75,000

(a) From the above figures, calculate the following, showing all workings:
(i) capital owned
(ii) fixed assets
(iii) working capital.

(b) List five sources of capital available to a public limited company. 

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68

(a) Give five reasons why a manufacturer may brand his products.

(b) State five advantages of packaging.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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69

 (a) What is market?

(b) Explain four ways by which market-ing is important to the economy

(c) State five functions marketing. 

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70

 (a) What is indigenization?

(b) Explain four advantages anc four disadvantages of indigenization. 

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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