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Question 1 of 8
1. Question
a.What personality trait associated with entrepreneurs?
b. Explain five (5) roles of entrepreneurship in the Nigerian economy?
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Question 2 of 8
2. Question
Write short note on: (5 marks each) = 15 marks
- Net profit margin
- Break-even analysis
- Private Limited Company
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Question 3 of 8
3. Question
The following are the financial statements of Determination Ltd. for the year ended 31st December, 2012.
You are required to calculate the following: (Each question’s carries 11/2 marks= 15 marks)
- Gross Profit percentage.
- Net Profit as percentage of Sales.
- Current Ratio.
- Acid Test or Quick Asset Ratio.
- Trade Receivables collection period in weeks.
- Inventory Turnover.
- Shareholders’ Equity Ratio
- Return on Equity.
- Return on Capital Employed.
- Gearing Ratio.
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Question 4 of 8
4. Question
- Explain five (5) advantages of setting up a partnership business compared to a one-man business. 71/2 marks
- Identify and explain five (5) reasons that may lead to the dissolution of a partnership. 71/2 marks
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Grading can be reviewed and adjusted.Grading can be reviewed and adjusted. -
Question 5 of 8
5. Question
a. List the five components of emotional intelligence. 5 marks
b. Distinguish between Transactional and Transformational leadership styles. 10 marks
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Question 6 of 8
6. Question
a. Distinguish between supply curve and supply schedule. 6 marks
b. Write explanatory notes on the following concepts: (i.) Joint supply(ii) Competitive Supply (iii)Composite Supply. 9 marks
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Question 7 of 8
7. Question
a. What is SWOT Analysis? 5 marks
b. Discuss five (5) components (each) of the internal and external environments of SWOT Analysis. 10 marks
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Question 8 of 8
8. Question
In the financial year ending 31/1/2009, Yaros Toy Ltd recorded the following transactions and costs.
- Items sold: 3,000,000 at an average price of N00
- Average material cost per toy: N35
- Average labour cost per toy: N50
- Overhead costs: N750,000
- Corporation tax rate: 20%
- Dividends paid: N500,000
Draw up an income statement for the year ending 31/1/2009, from the information provided
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This response will be reviewed and graded after submission.
Grading can be reviewed and adjusted.Grading can be reviewed and adjusted.
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