Financing Business - Jamb Commerce Past Questions with Answers

Jamb Commerce Past Questions

Jamb Past Questions and Answers on Financing Business

Question 61:

JAMB 2007

A share premium is an example of?

A. Issued capital
B. Capital stock
C. Equity capital
D. Capital reserve

Question 62:

JAMB 2007

A major benefit a debtor can derive from using a credit facility is?

A. Better service
B. Goodwill
C. Convenience
D. Control

View Answer & Explanation

Question 63:

JAMB 2007

A major benefit a debtor can derive from using a credit facility is?

A. Better service
B. Goodwill
C. Convenience
D. Control

View Answer & Explanation

Question 64:

JAMB 2007

The selling of new shares to exist shareholders is referred to as?

A. Public issue
B. Offer for sale
C. Rights issue
D. Bonus issue

View Answer & Explanation

Question 65:

JAMB 2007

What is the net working capital ?

A. N 6 000 000
B. N 16 000 000
C. (N 11 000 000)
D. N 25 000 000

View Answer & Explanation

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Financing Business - Jamb Commerce Past Questions and Answers

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Jamb Commerce Past Questions

Jamb Past Questions and Answers on Financing Business

Question 61:

Question 62:

Question 63:

Question 64:

Question 65:

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