Home ยป Past Questions ยป Commerce ยป Jamb ยป 2015 ยป Page 5
85

When an oil exploring and mining company builds a health centre in one community where at operates, such a company is

  • A. Carrying favour from local people
  • B. finding a way to spend excess profit
  • C. Fulfilling part of its social responsibility
  • D. Investing its idle fund
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86

The vessels that operate on specific route on high seas and oceans are

  • A. Coastal Liners and Cargo Liners
  • B. Cargo Liners and Tramp liners
  • C. Passenger liners and Tramp liners
  • D. Passenger Liners and Cargo Liners
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87

\(\begin{array}{c|c}
N & N \\
\hline
\text{Capital 8000} & \text{Plant and machinery5000} \\
\hline
\text{Net profit 4000} & \text{Motor van 4500} \\
\hline
\text{Drawings 200} & \text{Stock 2000} \\
\hline
\text{Creditors 2000} & \text{Debtor 1000} \\
\hline
\text{Accruals 300} & \text{Bank 100} \\
\hline
& \text{Cash 600} \\
\hline
14100 & 14100 \\
\end{array}\)

What is the acid ratio?

  • A. 1.13 : 1
  • B. 2 : 1
  • C. 4.75 : 1
  • D. 4.25 : 1
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