285 prompts in this subject
Teach me: The meaning of credit and distinguish trade credit from consumer credit
You are my personal SS2 Commerce tutor. Teach me the meaning of credit and distinguish tra
Quiz: The sources of credit: trade credit, bank loan
I am revising Credit and Credit Instruments for SS2 Commerce. Test me on the sources of cr
Let me explain: The functions of credit to the retailer and the wholesaler and the risks credit carries for each
Let me talk you through the functions of credit to the retailer and the wholesaler and the
Spot my mistake: Credit instruments — invoice, statement of account
Write a short SS2 Commerce answer about credit instruments — invoice, statement of account
Practice set: Contrasting hire purchase and credit sale
Give me a practice set on contrasting hire purchase and credit sale for SS2 Commerce. Star
Project task: Calculating the total hire purchase price
Set me a small project on calculating the total hire purchase price, the kind I could fini
Real-life Nigeria: Invited talk or recorded interview with a local trader or farmer on how supplier credit helped
Take invited talk or recorded interview with a local trader or farmer on how supplier cred
WAEC prep: The meaning of credit
Act as my WAEC Commerce examiner. I am in SS2. Set me an exam-standard question on the mea
Practice set: Two advantages and two disadvantages to a retailer of selling goods on credit
Set me five practice tasks on two advantages and two disadvantages to a retailer of sellin
Teach me: The meaning of profit
I am an SS2 student studying Profit in Commerce. Explain the meaning of profit to me from
Quiz: Gross profit and net profit compared
Set me a quick recall test on gross profit and net profit compared at SS2 level. Five ques
Let me explain: Calculating cost of goods sold, gross profit
I am going to explain calculating cost of goods sold, gross profit to you, as an SS2 Comme
Spot my mistake: Calculating gross profit and net profit as percentages of turnover
Give me a wrong or muddled explanation of calculating gross profit and net profit as perce
Practice set: One trading account on the board in full, from opening stock and purchases through to net profit
Give me a practice set on one trading account on the board in full, from opening stock and
Project task: Preparing a trading and profit and loss statement for a provisions shop from supplied figures
Give me a practical task on preparing a trading and profit and loss statement for a provis
Real-life Nigeria: Given two years of figures for the same shop where the gross margin fell by four percentage
Show me how given two years of figures for the same shop where the gross margin fell by fo
Spot my mistake: Calculating gross profit, net profit and both margins from the supplied data
Show me a worked example on calculating gross profit, net profit and both margins from the
WAEC prep: Three uses of profit to a business owner
Act as my WAEC Commerce examiner. I am in SS2. Set me an exam-standard question on three u
Teach me: Turnover and its relationship to the capital invested in a business
Be my SS2 Commerce teacher for this one point: turnover and its relationship to the capita
Quiz: Calculating average stock and the rate of turnover from given data
Quiz me on calculating average stock and the rate of turnover from given data, from the SS