Post Utme Noun 2022 Commerce Question 7

Practice objective / multiple choice question 7 from the 2022 Post Utme Noun Commerce examination.

Post Utme Noun 2022 Commerce Objective / Multiple Choice
Question 7 POST_UTME_NOUN • 2022 • COMMERCE • objective

A company has a capital of ₦1,000,000. If it issues 10,000 shares of ₦100 each, what is the total number of shares outstanding?

Answer Options

A. 9,000
Correct Answer B. 10,000
C. 11,000
D. 12,000
Correct Answer
B
Correct Option:
10,000

About This Question

This is Post Utme Noun 2022 Commerce Question 7. It is one of the objective questions from the 2022 Post Utme Noun Commerce examination.

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