Post Utme Rsu 2024 Commerce Question 2

Practice objective / multiple choice question 2 from the 2024 Post Utme Rsu Commerce examination.

Post Utme Rsu 2024 Commerce Objective / Multiple Choice
Question 2 POST_UTME_RSU • 2024 • COMMERCE • objective

A company has issued 100,000 ordinary shares of ₦10 each. If the company has a reserve fund of ₦500,000, what is the total amount of capital?

Answer Options

A. ₦1,000,000
Correct Answer B. ₦1,500,000
C. ₦2,000,000
D. ₦2,500,000
Correct Answer
B
Correct Option:
₦1,500,000

About This Question

This is Post Utme Rsu 2024 Commerce Question 2. It is one of the objective questions from the 2024 Post Utme Rsu 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