Post Utme Futo 2022 Commerce Question 2
Practice objective / multiple choice question 2 from the 2022 Post Utme Futo Commerce examination.
A company has a share 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?
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About This Question
This is Post Utme Futo 2022 Commerce Question 2. It is one of the objective questions from the 2022 Post Utme Futo Commerce examination.
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