Post Utme Uniosun 2021 Commerce Question 8

Practice objective / multiple choice question 8 from the 2021 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2021 Commerce Objective / Multiple Choice
Question 8 POST_UTME_UNIOSUN • 2021 • COMMERCE • objective

A company has a sole proprietorship business with a capital of ₦500,000. The company has a profit of ₦200,000 and a loss of ₦100,000 in the first year. What is the company's net worth at the end of the first year?

Answer Options

Correct Answer A. ₦400,000
B. ₦450,000
C. ₦500,000
D. ₦550,000
Correct Answer
A
Correct Option:
₦400,000

About This Question

This is Post Utme Uniosun 2021 Commerce Question 8. It is one of the objective questions from the 2021 Post Utme Uniosun Commerce examination.

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