Post Utme Summit University 2019 Commerce Question 28
Practice objective / multiple choice question 28 from the 2019 Post Utme Summit University Commerce examination.
A company, XYZ Ltd, has a share capital of ₦1,000,000, divided into 100,000 ordinary shares of ₦10 each. If the company issues 20,000 shares at a premium of ₦5 per share, what is the total amount received from the issue of shares?
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About This Question
This is Post Utme Summit University 2019 Commerce Question 28. It is one of the objective questions from the 2019 Post Utme Summit University Commerce examination.
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