(a) State five functions of an Export Promotion Council.
(b) Outline five roles performed by the Customs and Excise Authority towards the growth of commerce
Emeka has been a sales representative for three years but has never met his target.
(a) State five reasons that could have accounted for his inability to meet his target.
(b) Explain five promotional tools he could use to stimulate sales of his company's products
The following information relates to Raisa's grocery store as of 31st December 2018.
Stock -1st January 2018 | 20,000 |
Purchases | 150,000 |
Sales | 230,000 |
Carriage inwards | 4,000 |
Rent received | 80,000 |
Salaries | 29,000 |
Stock -31st December 2018 |
You are required to calculate:
(a) cost of goods sold
(b) gross profit
(c) net profit
(d) percentage of gross profit