Post Utme Igbinedion University 2018 Commerce Question 40

Practice objective / multiple choice question 40 from the 2018 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2018 Commerce Objective / Multiple Choice
Question 40 POST_UTME_IGBINEDION_UNIVERSITY • 2018 • COMMERCE • objective

A firm's cash flow statement shows a net increase in cash of ₦200,000. If the firm's beginning cash balance was ₦500,000, what is the firm's ending cash balance?

Answer Options

Correct Answer A. ₦700,000
B. ₦600,000
C. ₦800,000
D. ₦900,000
Correct Answer
A
Correct Option:
₦700,000

About This Question

This is Post Utme Igbinedion University 2018 Commerce Question 40. It is one of the objective questions from the 2018 Post Utme Igbinedion University Commerce examination.

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