Use the following information to answer the given question MANUFACTURING AND TRADING ACCOUNTS Misplaced \hlineMisplaced \hline What is the gross profit? A N33,000 B N28,800 C N28,500 D N26,400 Answer is B Do you need a better understanding of any …
Use the following information to answer the given question MANUFACTURING AND TRADING ACCOUNTS Misplaced \hlineMisplaced \hline What is the average stock of finished goods? A N8,000 B n9,000 C N10,000 D N11,000 Answer is D Do you need a better …
Use the following information to answer the given question MANUFACTURING AND TRADING ACCOUNTS Misplaced \hlineMisplaced \hline What is the net sales for the period? A N175,000 B N170,000 C N165,00 D N132,000 Answer is C Do you need a better …
Use the following information to answer the given question MANUFACTURING AND TRADING ACCOUNTS Misplaced \hlineMisplaced \hline What is the cost finished goods purchased? A N60,000 B N50,000 C N140,000 D N30,000 Do you need a better understanding of this subject? …
Use the following information to answer the given question MANUFACTURING AND TRADING ACCOUNTS Misplaced \hlineMisplaced \hline What is the factory cost of production? A N144,000 B N102,000 C N78,000 D N102,000 Answer is A Do you need a better understanding …
Use the following information to answer the given question MANUFACTURING AND TRADING ACCOUNTS Misplaced \hlineMisplaced \hline What is the prime cost? A N62,000 B N70,000 C N78,000 D N102,000 Answer is D Do you need a better understanding of this …
Use the following information to answer the given question MANUFACTURING AND TRADING ACCOUNTS Misplaced \hlineMisplaced \hline What is the total of raw materials consumed? A N144,000 B N144,000 C N70,000 D N62,000 Answer is D Do you need a better …
Use the following information to answer the given question: Issued capital……………..100,000 Ordinary shares…………….40,000 Preference shares…………..30,000 Reserves…………………..10,000 Debentures…………………60,000 Current……………………150,000 Fixed assets……………….90,000 Current assets……………..240,000 What is the percentage of equity to the total capital employed? A 42% B 12% C 56% D …
Use the following information to answer the given question: Issued capital……………..100,000 Ordinary shares…………….40,000 Preference shares…………..30,000 Reserves…………………..10,000 Debentures…………………60,000 Current……………………150,000 Fixed assets……………….90,000 Current assets……………..240,000 What is the working capital? A N90.00 B N5.00 C N40.00 D N30.00 Answer is A Do you …
Use the following information to answer the given question: Issued capital……………..100,000 Ordinary shares…………….40,000 Preference shares…………..30,000 Reserves…………………..10,000 Debentures…………………60,000 Current……………………150,000 Fixed assets……………….90,000 Current assets……………..240,000 What is the total of the loan capital of the business? A N10,000 B N30,000 C N40,000 D …
Use the following information to answer the given question: Issued capital……………..100,000 Ordinary shares…………….40,000 Preference shares…………..30,000 Reserves…………………..10,000 Debentures…………………60,000 Current……………………150,000 Fixed assets……………….90,000 Current assets……………..240,000 What is the capital attributable to the equity shareholders? A N130,000 B N140,000 C N170,000 D N180,000 Answer …
Use the following information to answer the given question: Issued capital……………..100,000 Ordinary shares…………….40,000 Preference shares…………..30,000 Reserves…………………..10,000 Debentures…………………60,000 Current……………………150,000 Fixed assets……………….90,000 Current assets……………..240,000 What is the total of Net Assets of the business? A N200,000 B N180,000 C N160,000 D N150,000 …
