Post Utme Bowen University 2017 Commerce Question 24

Practice objective / multiple choice question 24 from the 2017 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2017 Commerce Objective / Multiple Choice
Question 24 POST_UTME_BOWEN_UNIVERSITY • 2017 • COMMERCE • objective

A company exports 500 units of a product to a foreign country. The product is sold at a price of 20 per unit. If the exchange rate is 1 USD = 360 Naira, what is the total value of the export in Naira?

Answer Options

A. ₦10,800,000
Correct Answer B. ₦10,920,000
C. ₦11,040,000
D. ₦11,160,000
Correct Answer
B
Correct Option:
₦10,920,000

About This Question

This is Post Utme Bowen University 2017 Commerce Question 24. It is one of the objective questions from the 2017 Post Utme Bowen University Commerce examination.

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