Accounts - Principles of Accounts Past Questions and Answers

Tanko Ltd had

Earnings per share 47k

Dividends per share 30k

Per value of each share N1.20

market price per share NM1.50

what will be the price earnings ratio of the company?

The partnership deed normally specifies?

The accumulated fund of a non-trading concern can equally be referred to as?

	N
sales	20,000
cost of sales	10,000
operating expenses	2,500
expenses prepaid included in operating expenses	500

use the information above to answer the following question.


calculate the net profit.

	N
sales	20,000
cost of sales	10,000
operating expenses	2,500
expenses prepaid included in operating expenses	500

use the information above to answer the following question.


what is the gross profit margin?