The ratio which measures the solvency of a firm is the
Quick ratio
Gross profit over sales ratio
Stock turnover ratio
Debtors turnover ratio
Correct answer is A
No explanation has been provided for this answer.
A partner who has full power of participating in the conduct of a partnership business is a
General partner
Limited partner
Sleeping partner
Nominal partner
Correct answer is A
No explanation has been provided for this answer.
50,000
25,000
20,000
10,000
Correct answer is B
No explanation has been provided for this answer.
N10,000
N7,000
N6,000
N4,000
Correct answer is C
No explanation has been provided for this answer.
N2,000
N1,500
N1,000
N500
Correct answer is D
No explanation has been provided for this answer.