A public company with an authorized capital of N60,000, issued N36,000 shares at 1.50k each....
COMMERCE
JAMB 2010
A public company with an authorized capital of N60,000, issued N36,000 shares at 1.50k each. What is its capital?
- A. N60,000
- B. N36,000
- C. N54,000
- D. N90,000
Correct Answer: C. N54,000
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