Post Utme Abu 2024 Commerce Question 8

Practice objective / multiple choice question 8 from the 2024 Post Utme Abu Commerce examination.

Post Utme Abu 2024 Commerce Objective / Multiple Choice
Question 8 POST_UTME_ABU • 2024 • COMMERCE • objective

A company's share capital is divided into 10,000 shares of ₦10 each. If the company issues 8,000 shares, what is the total amount received from the issue of shares?

Answer Options

Correct Answer A. ₦80,000,000
B. ₦80,000,000.50
C. ₦80,000,000.51
D. ₦80,000,000.01
Correct Answer
A
Correct Option:
₦80,000,000

About This Question

This is Post Utme Abu 2024 Commerce Question 8. It is one of the objective questions from the 2024 Post Utme Abu Commerce examination.

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