Commerce Past Questions and Answers

Which of the following aids to trade is used to stimulate demand for goods

The term consumer sovereignty means that?

Which of the following activities is classified under extractive industry?

BXY Enterprise has the following balance at the end of march 2010

opening stock	D6,000
purchases	D23,000
salaries and wages	D12,000
closing stock	D8,000
sales	D30,000

Use the information above to answer the following question.


calculate the gross profit by BYX Enterprise

BXY Enterprise has the following balance at the end of march 2010

opening stock	D6,000
purchases	D23,000
salaries and wages	D12,000
closing stock	D8,000
sales	D30,000

Use the information above to answer the following question.


what is the rate of turnover by BYX Enterprise