Post Utme Crawford University 2019 Commerce Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2019 Commerce Objective / Multiple Choice
Question 13 POST_UTME_CRAWFORD_UNIVERSITY • 2019 • COMMERCE • objective

A company has a credit facility with a bank that allows it to borrow up to ₦10 million. If the company borrows ₦8 million and repays ₦2 million, what is the outstanding balance?

Answer Options

Correct Answer A. ₦6 million
B. ₦8 million
C. ₦10 million
D. ₦12 million
Correct Answer
A
Correct Option:
₦6 million

About This Question

This is Post Utme Crawford University 2019 Commerce Question 13. It is one of the objective questions from the 2019 Post Utme Crawford University Commerce examination.

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