Post Utme Noun 2024 Commerce Question 14

Practice objective / multiple choice question 14 from the 2024 Post Utme Noun Commerce examination.

Post Utme Noun 2024 Commerce Objective / Multiple Choice
Question 14 POST_UTME_NOUN • 2024 • COMMERCE • objective

A company exports goods worth ₦5 million to a foreign country. If the exchange rate is 1 USD = 420 Naira, what is the value of the export in USD?

Answer Options

Correct Answer A. 11,904.76 USD
B. 12,000 USD
C. 12,096.19 USD
D. 12,192.38 USD
Correct Answer
A
Correct Option:
11,904.76 USD

About This Question

This is Post Utme Noun 2024 Commerce Question 14. It is one of the objective questions from the 2024 Post Utme Noun Commerce examination.

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