Post Utme Igbinedion University 2020 Commerce Question 20

Practice objective / multiple choice question 20 from the 2020 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2020 Commerce Objective / Multiple Choice
Question 20 POST_UTME_IGBINEDION_UNIVERSITY • 2020 • COMMERCE • objective

A company's export revenue is ₦500,000, and its import expenditure is ₦300,000. What is its trade balance?

Answer Options

Correct Answer A. ₦100,000
B. ₦200,000
C. ₦300,000
D. ₦400,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Igbinedion University 2020 Commerce Question 20. It is one of the objective questions from the 2020 Post Utme Igbinedion University Commerce examination.

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