Post Utme Rsu 2021 Commerce Question 22

Practice objective / multiple choice question 22 from the 2021 Post Utme Rsu Commerce examination.

Post Utme Rsu 2021 Commerce Objective / Multiple Choice
Question 22 POST_UTME_RSU • 2021 • COMMERCE • objective

A company has a share capital of ₦5 million, divided into 500,000 ordinary shares of ₦10 each. If the company issues 200,000 shares to the public, what is the amount of share capital raised?

Answer Options

A. ₦1 million
Correct Answer B. ₦2 million
C. ₦3 million
D. ₦4 million
Correct Answer
B
Correct Option:
₦2 million

About This Question

This is Post Utme Rsu 2021 Commerce Question 22. It is one of the objective questions from the 2021 Post Utme Rsu Commerce examination.

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