Post Utme Bowen University 2019 Commerce Question 7
Practice objective / multiple choice question 7 from the 2019 Post Utme Bowen University Commerce examination.
A company has a share capital of ₦10,000,000, divided into 10,000,000 ordinary shares of ₦1 each. If the company issues 2,000,000 shares at a premium of ₦0.50 per share, what is the total amount received from the issue of shares?
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About This Question
This is Post Utme Bowen University 2019 Commerce Question 7. It is one of the objective questions from the 2019 Post Utme Bowen University Commerce examination.
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