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WAEC - Commerce (1999 - No. 12)

A public Limited Company whose nominal capital is made up of 400,000 ordinary shares of 50k each, decided to issue 50% of it to the public and realized only 50% of the amount due
What is the company's registered capital?
#50,000.00
#80,000.00
#200,000.00
#400,000.00

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