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(i) Personal Savings
(ii) Retained Earnings
(iii) Accrued taxes
Which of the items above constitute internal sources of financing for companies?
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One of the main obstacles of establishing the Niger River Basin Commission was to?
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Use the information below to answer question 20 and 21
Mr Awala is a retailer of a single product. he sells at the standard price. He gives a trade discount of 5%, quantity discount of 3% for a volume above 1000 units and a cash of discount of 2/10 net 30. the existing selling price of the product is N100 per units. Mr Bacus purchased 1500 units of the product on credit and promised to pay Mr. Awala in cash in the first 10 days after purchase.
The trade discount receivable by Mr Bacus is
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Use the information below to answer 38 and 39.
Companies i, ii, iii and iv produce and sell electronic videos.
Company i, sells video for N14,000 each and offers advice on how to fix and operate them .
Company ii, sells at N14,000 and its representatives go to install at no additional cost.
Company iii, sells at N15,500 and offers credit sales at N15,000 each.
Which of these companies are more engaged in public activities?
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Use the information below to answer question 40 and 41.
Musa rented a room to adamu for N1,500 and N1,000 part-payment was made. Adamu brought Audu and Jacob his friends to stay in the room.
The two friends later paid balance of N500 to Musa.
Who are the parties to the contract of renting the room?
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