Post Utme Caleb University 2019 Commerce Question 30

Practice objective / multiple choice question 30 from the 2019 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2019 Commerce Objective / Multiple Choice
Question 30 POST_UTME_CALEB_UNIVERSITY • 2019 • COMMERCE • objective

A firm's foreign trade involves exporting goods to a country with a different currency. If the exchange rate is 1 USD = 360 Naira, and the firm exports goods worth 10,000, how much is the export worth in Naira?

Answer Options

A. ₦3,600,000
B. ₦3,600,000
C. ₦3,600,000
Correct Answer D. ₦3,600,000
Correct Answer
D
Correct Option:
₦3,600,000

About This Question

This is Post Utme Caleb University 2019 Commerce Question 30. It is one of the objective questions from the 2019 Post Utme Caleb University Commerce examination.

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