Post Utme Igbinedion University 2021 Accounting Question 11

Practice objective / multiple choice question 11 from the 2021 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2021 Accounting Objective / Multiple Choice
Question 11 POST_UTME_IGBINEDION_UNIVERSITY • 2021 • ACCOUNTING • objective

A company issued 5,000 shares of 10 par value. If the market value of each share is 25, what is the total market value of the shares?

Answer Options

Correct Answer A. ₦125,000
B. ₦125,000,000
C. ₦62,500,000
D. ₦125,000,000
Correct Answer
A
Correct Option:
₦125,000

About This Question

This is Post Utme Igbinedion University 2021 Accounting Question 11. It is one of the objective questions from the 2021 Post Utme Igbinedion University Accounting 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