Post Utme Lautech 2020 Commerce Question 7
Practice objective / multiple choice question 7 from the 2020 Post Utme Lautech Commerce examination.
A company has a share capital of ₦1,000,000, divided into 100,000 ordinary shares of ₦10 each. If the company issues 50,000 shares to the public at a premium of ₦5 per share, what is the total amount received from the public?
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About This Question
This is Post Utme Lautech 2020 Commerce Question 7. It is one of the objective questions from the 2020 Post Utme Lautech Commerce examination.
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