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?

  • N90,000
  • N60,000
  • N54,000 checkmark
  • N36,000

The correct answer is: C

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