Post Utme Futo 2023 Commerce Question 14

Practice objective / multiple choice question 14 from the 2023 Post Utme Futo Commerce examination.

Post Utme Futo 2023 Commerce Objective / Multiple Choice
Question 14 POST_UTME_FUTO • 2023 • COMMERCE • objective

A company has issued 10,000 ordinary shares of ₦10 each. If the company has a share capital of ₦100,000, what is the percentage of the share capital represented by the ordinary shares?

Answer Options

A. 10%
Correct Answer B. 20%
C. 30%
D. 40%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Futo 2023 Commerce Question 14. It is one of the objective questions from the 2023 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.

Unlock Full Access Available for Android & Windows
Chat with Support