Post Utme Crawford University 2021 Commerce Question 7
Practice objective / multiple choice question 7 from the 2021 Post Utme Crawford University Commerce examination.
A company's articles of association state that the company's shares are to be divided into two classes: ordinary and preference. The ordinary shares have a par value of ₦10 each, while the preference shares have a par value of ₦20 each. If the company issues 1,000 ordinary shares and 500 preference shares, what is the total par value of the issued shares?
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This is Post Utme Crawford University 2021 Commerce Question 7. It is one of the objective questions from the 2021 Post Utme Crawford University Commerce examination.
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