Post Utme Igbinedion University 2018 Commerce Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2018 Commerce Objective / Multiple Choice
Question 14 POST_UTME_IGBINEDION_UNIVERSITY • 2018 • COMMERCE • objective

A company exports goods worth ₦10,000,000 to a foreign country. If the exchange rate is 1 USD = ₦500, what is the value of the exports in USD?

Answer Options

A. ₦20,000,000
Correct Answer B. ₦25,000,000
C. ₦30,000,000
D. ₦35,000,000
Correct Answer
B
Correct Option:
₦25,000,000

About This Question

This is Post Utme Igbinedion University 2018 Commerce Question 14. It is one of the objective questions from the 2018 Post Utme Igbinedion University Commerce examination.

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