2023 - JAMB Commerce Past Questions and Answers - page 3
A demonstration of social responsibility by a business is the payment of
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| ₦ |
₦ |
||
|
Stock 1/1 |
20,000 | Net sales | 370,000 |
|
Add purchases |
250,000 | ||
|
Cost of goods available for sale |
270,000 | ||
|
Less stock 31/12 |
40,000 | ||
|
Cost of goods sold |
230,000 | ||
|
Rent expenses |
35,000 |
Calculate the net profit
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The concept that refers to the sale, transfer or exchange of goods and services is
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Which of the following is an item in the marketing mix?
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An agreement that is enforceable in law is
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A major function of trade association is to
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The act of selling in a foreign market at a price lower than the cost price is called
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The scope commerce is limited to
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A bill of exchange already accepted can be discounted by the holder in
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One of the functions of a retailer is the
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