Post Utme Skyline University 2024 Accounting Question 1

Practice objective / multiple choice question 1 from the 2024 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2024 Accounting Objective / Multiple Choice
Question 1 POST_UTME_SKYLINE_UNIVERSITY • 2024 • ACCOUNTING • objective

Determine the number of shares that can be issued by XYZ Limited if the company has a capital of ₦1,500,000 and the face value of each share is ₦10.

Answer Options

A. 15,000
Correct Answer B. 150,000
C. 1,500,000
D. 15,000,000
Correct Answer
B
Correct Option:
150,000

About This Question

This is Post Utme Skyline University 2024 Accounting Question 1. It is one of the objective questions from the 2024 Post Utme Skyline University Accounting examination.

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