JAMB - Commerce (2010 - No. 28)
A public company with an authorized capital of N60,000, issued N36,000 shares at 1.50k each.
What is its capital?
What is its capital?
N60,000
N36,000
N54,000
N90,000
Explanation
36000 x 1.50k
54,000
54,000
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