1)-Chose the right Answers (More than one right answer) Contribution per unit is?

a.Gross profit per unit

b.selling price per unit

c.Net profit per unit

d.each unit income after deducting admin expenses

e.selling price per unit - variable costs per unit

f.Gross profit / units sold

g.income per unit before tax and interest

2)-The Balance sheet is balanced when? (More than one right answer)

a.Total Assets - Total Liabilities = Owners Capital

b. Total Assets + Total Liabilities = Owners Capital

c.Fixed assets + Current assets - Current liabilities - Long term Liabilities = Owners capital

d.Total Assets + Owners Capital = Total Liabilities

e.Total Assets = Total Liabilities + Owners Capita

3)- Inventory turnover would most likely be highest for which of the following? Select one:

a.Heavy equipment dealer

b.Car dealership

c.Home builder

d.Grocery store

4)-XYZ company dividends for 2022 stands for 10,000.

Emmanuel who owns 6% of the total shares in XYZ company will receive a dividend of 600 in 2022.

Select one: True False