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2681
Factoring is a trade debt term used when the agent buys all the trade debts of the
  • A. importers
  • B. exporters
  • C. nation
  • D. customers
View Answer & Discuss JAMB 1995
2682
The financial index which compares current assets directly with current liabilities is known as current
  • A. turnover
  • B. capital
  • C. ratio
  • D. balance
View Answer & Discuss JAMB 1995
2683
Rights issue means the
  • A. issue of shares to the directors of a company on favourable terms
  • B. Issue of shares by a company only to the founders of the company
  • C. right of shareholders to vote on any issue
  • D. issue of shares to shareholders on favourable terms
View Answer & Discuss JAMB 1995
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2684
Rights issue means the
  • A. issue of shares to the directors of a company on favourable terms
  • B. Issue of shares by a company only to the founders of the company
  • C. right of shareholders to vote on any issue
  • D. issue of shares to shareholders on favourable terms
View Answer & Discuss JAMB 1995
2685
Profit that is expressed as a percentage of the cost of goods sold is referred to as
  • A. margin
  • B. mark-up
  • C. gain percent
  • D. gross profit
View Answer & Discuss JAMB 1995
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Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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