Post Utme Futa 2021 Accounting Question 27

Practice objective / multiple choice question 27 from the 2021 Post Utme Futa Accounting examination.

Post Utme Futa 2021 Accounting Objective / Multiple Choice
Question 27 POST_UTME_FUTA • 2021 • ACCOUNTING • objective

A company has a capital of ₦400,000 and a profit of ₦250,000. If the company's capital is to be increased by 20%, calculate the new capital.

Answer Options

A. ₦480,000
B. ₦480,000
C. ₦480,000
Correct Answer D. ₦480,000
Correct Answer
D
Correct Option:
₦480,000

About This Question

This is Post Utme Futa 2021 Accounting Question 27. It is one of the objective questions from the 2021 Post Utme Futa Accounting examination.

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