Post Utme Futo 2017 Commerce Question 37
Practice objective / multiple choice question 37 from the 2017 Post Utme Futo Commerce examination.
A company has a capital of ₦500,000, divided into 5,000 shares of ₦100 each. If the company issues 2,000 shares at a premium of ₦20 per share, what is the total amount received from the issue of shares?
Answer Options
About This Question
This is Post Utme Futo 2017 Commerce Question 37. It is one of the objective questions from the 2017 Post Utme Futo Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.