Post Utme Covenant University 2025 General Studies Question 7

Practice objective / multiple choice question 7 from the 2025 Post Utme Covenant University General Studies examination.

Post Utme Covenant University 2025 General Studies Objective / Multiple Choice
Question 7 POST_UTME_COVENANT_UNIVERSITY • 2025 • GENERAL STUDIES • objective

A company has a profit of 100,000 and a total of 10,000 shares outstanding. If a shareholder owns 5% of the company's shares, how much profit can the shareholder expect?

Answer Options

Correct Answer A. ₦5,000
B. ₦10,000
C. ₦20,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦5,000

About This Question

This is Post Utme Covenant University 2025 General Studies Question 7. It is one of the objective questions from the 2025 Post Utme Covenant University General Studies examination.

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