Post Utme Abu 2017 Commerce Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Abu Commerce examination.

Post Utme Abu 2017 Commerce Objective / Multiple Choice
Question 22 POST_UTME_ABU • 2017 • COMMERCE • objective

A company has a total of 1000 shares outstanding, with a par value of ₦10 per share. If the company's market value is ₦15 per share, what is the total market value of the company's shares?

Answer Options

A. ₦15,000
Correct Answer B. ₦15,000,000
C. ₦15,000,000,000
D. ₦15,000,000,000,000
Correct Answer
B
Correct Option:
₦15,000,000

About This Question

This is Post Utme Abu 2017 Commerce Question 22. It is one of the objective questions from the 2017 Post Utme Abu Commerce examination.

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