Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Dividend is always expressed as a percentage of total
earnings of a business
value of shares owned
working capital
volume of business
Correct answer is B
No explanation has been provided for this answer.
The working capital of a firm is calculated as
current assets minus current liabilities
current liabilities minus fixed assets
value of all assets
value of issued capital
Correct answer is A
No explanation has been provided for this answer.
An increase in the volume of sales is also an increase in
profit
turnover
fixed assets
owner's equity
Correct answer is B
No explanation has been provided for this answer.
A private company's ability to raise capital is limited because
its borrowing powers are limited
membership does not exceed 50
shares cannot be made public
of limited collateral security
Correct answer is D
No explanation has been provided for this answer.
The amalgamation of firms engaged in cotton processing and the manufacturing of textiles is
horizontal integration
vertical integration
lateral integration
joint venture
Correct answer is B
No explanation has been provided for this answer.