Post Utme Abu 2023 Commerce Question 10

Practice objective / multiple choice question 10 from the 2023 Post Utme Abu Commerce examination.

Post Utme Abu 2023 Commerce Objective / Multiple Choice
Question 10 POST_UTME_ABU • 2023 • COMMERCE • objective

A company has issued a stock with a par value of ₦100 and a market value of ₦200. If the company has issued 10,000 shares, what is the total market value of the shares?

Answer Options

A. ₦1,000,000
Correct Answer B. ₦2,000,000
C. ₦3,000,000
D. ₦4,000,000
Correct Answer
B
Correct Option:
₦2,000,000

About This Question

This is Post Utme Abu 2023 Commerce Question 10. It is one of the objective questions from the 2023 Post Utme Abu Commerce examination.

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