Post Utme Pan Atlantic University 2017 Commerce Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2017 Commerce Objective / Multiple Choice
Question 19 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2017 • COMMERCE • objective

A company has issued 100,000 ordinary shares of ₦10 each. If the company has a share capital of ₦1,000,000, what is the percentage of the share capital represented by the ordinary shares?

Answer Options

A. 10%
Correct Answer B. 20%
C. 30%
D. 40%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Pan Atlantic University 2017 Commerce Question 19. It is one of the objective questions from the 2017 Post Utme Pan Atlantic University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support