Use the following to answer the question below Oleku (Nig.) Limited issued 100,000 ordinary shares
FINANCIAL
POST UTME OAU
Use the following to answer the question below Oleku (Nig.) Limited issued 100,000 ordinary shares of ?1 each at a market value of ?2.50 each. The share premium is
- A) ?250,000
- B) ?20,000
- C) ?100,000
- D) ?150,000
Correct Answer: D) ?150,000
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *

