JAMB Past Questions and Answers - Page 933

4,661.

What is the net profit made by department S?

A.

N3,600

B.

N,3000

C.

N2,400

D.

N2,000

Correct answer is C

No explanation has been provided for this answer.

4,662.

The value of the owner's equity is

A.

N400,000

B.

N900,000

C.

N957,000

D.

N1,357,000

Correct answer is C

No explanation has been provided for this answer.

4,663.

What is the value of the authorized share capital?

A.

N500,000

B.

N600,000

C.

N750,000

D.

N1,200,000

Correct answer is C

No explanation has been provided for this answer.

4,664.

What is the capital at start?

A.

N53,000

B.

N63,000

C.

N73,000

D.

N83,000

Correct answer is D

No explanation has been provided for this answer.

4,665.

Credit purchases are always put at 150% of the total cash paid to suppliers 

Determine the credit purchases.

A.

N13,500

B.

N15,500

C.

N13,400

D.

N12,000

Correct answer is D

No explanation has been provided for this answer.