JAMB Commerce Past Questions, Answers & Explanations - Commerce

Jamb Commerce Questions

Question 11:

JAMB 1998

Which of the following is an example of a conglomerate?

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A National Electric Power Authority
B United Africa Company Nigeria Plc
C The Nigeria Railway Corporation
D First Bank of Nigeria Plc

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Question 12:

JAMB 1998

Which of the following statement is true of preferred stockholders?

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A They have no voting rights at annual general meetings
B They first claim company asset before creditors
C The have first claim to company asset after all debts have been settled
D They share dividends equally with common shareholders

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Question 13:

JAMB 1998

A provision in the charter of a company which gives holders of common stock the first option to purchase additional issues of the firm's common stock is known the?

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A Pre-emptive right
B Shareholders right
C Ex-dividend right
D Over-subscription right

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Question 14:

JAMB 1998

Use the information Above to answer this question What is the current ratio?

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A 4:1
B 4.5:1
C 5:1
D 25.5:1

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Question 15:

JAMB 1998

Use the information above to answer this question What is the ratio?

SchoolNGR Classroom

A 2.95:1
B 4.25:1
C 4.75:1
D 5,55:1

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