Post Utme Ims U 2020 Commerce Question 10

Practice objective / multiple choice question 10 from the 2020 Post Utme Ims U Commerce examination.

Post Utme Ims U 2020 Commerce Objective / Multiple Choice
Question 10 POST_UTME_IMS_U • 2020 • COMMERCE • objective

A company's stock is currently priced at ₦50 per share. If the company's earnings per share (EPS) is ₦10, and the company's price-to-earnings (P/E) ratio is 5, what is the company's market capitalization?

Answer Options

A. ₦250,000,000
B. ₦500,000,000
C. ₦750,000,000
Correct Answer D. ₦1,000,000,000
Correct Answer
D
Correct Option:
₦1,000,000,000

About This Question

This is Post Utme Ims U 2020 Commerce Question 10. It is one of the objective questions from the 2020 Post Utme Ims U Commerce examination.

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