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Adama's opening stock is D5,000. He purchased goods worth D30,000. His closing stock was D7,000 and sales D55,000

3351

What is the cost of goods sold

  • A. D55000
  • B. D42,000
  • C. D32,000
  • D. D28,000
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3352

What is the rate of stock turnover.

  • A. 11 times
  • B. 6 times
  • C. 4.7 times
  • D. 4 times
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3353

which of the following is a source of short term capital. 

  • A. trade credit
  • B. shares
  • C. leasing
  • D. debenture
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WAEC offline past questions - with all answers and explanations in one app - Download for free
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3354

The most suitable channel for the sale of an aircraft is?

  • A. manufacturer-wholesaler-retailer-consumer
  • B. manufacture-wholesaler-consumer
  • C. manufacturer - retailer - consumer
  • D. manufacturer - consumer
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3355

The duty payable on goods produced locally iis

  • A. export duty
  • B. excise duty
  • C. import duty
  • D. advalorem duty
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC offline past questions - with all answers and explanations in one app - Download for free
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208