Post Utme Summit University 2021 Commerce Question 14

Practice objective / multiple choice question 14 from the 2021 Post Utme Summit University Commerce examination.

Post Utme Summit University 2021 Commerce Objective / Multiple Choice
Question 14 POST_UTME_SUMMIT_UNIVERSITY • 2021 • COMMERCE • objective

A company's sole trader has a warehouse with a capacity of 10,000 units. If the company's average daily sales are 200 units, and the warehouse is currently 70% full, what is the total value of the stock in the warehouse?

Answer Options

A. ₦1,500,000
B. ₦1,800,000
Correct Answer C. ₦2,100,000
D. ₦2,400,000
Correct Answer
C
Correct Option:
₦2,100,000

About This Question

This is Post Utme Summit University 2021 Commerce Question 14. It is one of the objective questions from the 2021 Post Utme Summit University Commerce examination.

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