Post Utme Babcock University 2021 Commerce Question 34

Practice objective / multiple choice question 34 from the 2021 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2021 Commerce Objective / Multiple Choice
Question 34 POST_UTME_BABCOCK_UNIVERSITY • 2021 • COMMERCE • objective

A company exports 10,000 units of goods to a foreign country. The FOB (Free on Board) price is 10 per unit, and the CIF (Cost, Insurance, and Freight) price is 12 per unit. What is the total value of the export in US dollars?

Answer Options

A. 120,000
Correct Answer B. 130,000
C. 140,000
D. 150,000
Correct Answer
B
Correct Option:
130,000

About This Question

This is Post Utme Babcock University 2021 Commerce Question 34. It is one of the objective questions from the 2021 Post Utme Babcock University Commerce examination.

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