Post Utme Wellspring University 2017 Commerce Question 32

Practice objective / multiple choice question 32 from the 2017 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2017 Commerce Objective / Multiple Choice
Question 32 POST_UTME_WELLSPRING_UNIVERSITY • 2017 • COMMERCE • objective

A company has a capital of ₦500,000. If it issues 5,000 shares of ₦100 each, what is the company's capital after issuing the shares?

Answer Options

Correct Answer A. ₦1,000,000
B. ₦500,000
C. ₦750,000
D. ₦250,000
Correct Answer
A
Correct Option:
₦1,000,000

About This Question

This is Post Utme Wellspring University 2017 Commerce Question 32. It is one of the objective questions from the 2017 Post Utme Wellspring University Commerce examination.

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