Search SchoolNGR

Wednesday, 30 September 2026
Register . Login

Commerce Past Questions and Answers

Commerce Questions

Question 246:
Use the information Above to answer this question <br/>What is the current ratio?
  • A 4:1
  • B 4.5:1
  • C 5:1
  • D 25.5:1
View Answer & Explanation
Question 247:
Use the information above to answer this question <br/>What is the ratio?
  • A 2.95:1
  • B 4.25:1
  • C 4.75:1
  • D 5,55:1
View Answer & Explanation
Question 248:
The form of capital which is easily transferred into the form desired is known as?
  • A Working capital
  • B Liquid capital
  • C Circulating capital
  • D Capital employed
View Answer & Explanation
Question 249:
If a firm's turnover is N15,000 and the cost of goods sold is N 10,000 What is the percentage of gross profit on sales?
  • A 23.3%
  • B 33.3%
  • C 50.0%
  • D 66.6%
View Answer & Explanation
Question 250:
A machine which enable s sales without the physical presence of a sales attendant is a
  • A Computer machine
  • B Vending machine
  • C Telex machine
  • D Fax machine
View Answer & Explanation