A public company has an authorized capital of 60,000 shares, A share costs 150k and
COMMERCE
WAEC 2003
A public company has an authorized capital of 60,000 shares, A share costs 150k and the company has issued 36,000 shares. The issued capital would be?
- A. N90,000
- B. N60,000
- C. N54,000
- D. N36,000
Correct Answer: C. N54,000
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 Your email address will not be published.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 *