Post Utme Bowen University 2023 Commerce Question 7
Practice objective / multiple choice question 7 from the 2023 Post Utme Bowen University Commerce examination.
A company limited by shares has a capital of ₦5,000,000, divided into 500,000 ordinary shares of ₦10 each. If the company issues 200,000 shares at a premium of ₦5 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 2023 Commerce Question 7. It is one of the objective questions from the 2023 Post Utme Bowen University Commerce examination.
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