Post Utme Lasu 2018 Commerce Question 32

Practice objective / multiple choice question 32 from the 2018 Post Utme Lasu Commerce examination.

Post Utme Lasu 2018 Commerce Objective / Multiple Choice
Question 32 POST_UTME_LASU • 2018 • COMMERCE • objective

A company has a share capital of ₦1,000,000, divided into 100,000 ordinary shares of ₦10 each. What is the company's share premium?

Answer Options

A. ₦100,000
Correct Answer B. ₦500,000
C. ₦900,000
D. ₦1,000,000
Correct Answer
B
Correct Option:
₦500,000

About This Question

This is Post Utme Lasu 2018 Commerce Question 32. It is one of the objective questions from the 2018 Post Utme Lasu Commerce examination.

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