Waec Commerce Past Questions and Answers

Question 2081:

• WAEC 2017

Adama's opening stock is D5,000. He purchased goods worth D30,000. His closing stock was D7,000 and sales D55,000


what is the average stock

A. D12,000
B. D7,000
C. D6,000
D. D5,000

Question 2082:

• WAEC 2017

Adama's opening stock is D5,000. He purchased goods worth D30,000. His closing stock was D7,000 and sales D55,000


What is the cost of goods sold

A. D55000
B. D42,000
C. D32,000
D. D28,000

Question 2083:

• WAEC 2017

Adama's opening stock is D5,000. He purchased goods worth D30,000. His closing stock was D7,000 and sales D55,000


What is the rate of stock turnover.

A. 11 times
B. 6 times
C. 4.7 times
D. 4 times

Question 2084:

• WAEC 2017

which of the following is a source of short term capital.

A. Trade credit
B. Shares
C. Leasing
D. Debenture

Question 2085:

• WAEC 2017

The most suitable channel for the sale of an aircraft is?

A. Manufacturer-wholesaler-retailer-consumer
B. Manufacture-wholesaler-consumer
C. Manufacturer - retailer - consumer
D. Manufacturer - consumer