Post Utme Delsu 2021 Commerce Question 32

Practice objective / multiple choice question 32 from the 2021 Post Utme Delsu Commerce examination.

Post Utme Delsu 2021 Commerce Objective / Multiple Choice
Question 32 POST_UTME_DELSU • 2021 • COMMERCE • objective

A company is considering the purchase of a warehouse to store its inventory. The warehouse is valued at ₦50 million. If the company pays ₦40 million in cash and issues a promissory note for the remaining ₦10 million, what is the total cost of the warehouse?

Answer Options

A. ₦40 million
Correct Answer B. ₦50 million
C. ₦60 million
D. ₦70 million
Correct Answer
B
Correct Option:
₦50 million

About This Question

This is Post Utme Delsu 2021 Commerce Question 32. It is one of the objective questions from the 2021 Post Utme Delsu Commerce examination.

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