Post Utme Crawford University 2021 Commerce Question 29

Practice objective / multiple choice question 29 from the 2021 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2021 Commerce Objective / Multiple Choice
Question 29 POST_UTME_CRAWFORD_UNIVERSITY • 2021 • COMMERCE • objective

A firm exports goods worth ₦1,000,000 to a foreign country. If the exchange rate is 1 USD = ₦500, what is the value of the exports in USD?

Answer Options

A. ₦2,000,000
Correct Answer B. ₦1,500,000
C. ₦1,000,000
D. ₦500,000
Correct Answer
B
Correct Option:
₦1,500,000

About This Question

This is Post Utme Crawford University 2021 Commerce Question 29. It is one of the objective questions from the 2021 Post Utme Crawford University Commerce examination.

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