Post Utme Nile University 2021 Commerce Question 7
Practice objective / multiple choice question 7 from the 2021 Post Utme Nile University Commerce examination.
A company has a capital of ₦1,000,000, divided into 10,000 shares of ₦100 each. If the company issues 5,000 shares at a premium of ₦20 per share, what is the total amount received from the issue of shares?
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About This Question
This is Post Utme Nile University 2021 Commerce Question 7. It is one of the objective questions from the 2021 Post Utme Nile University Commerce examination.
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