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WAEC - Commerce (2013 - No. 31)

A Ltd. Company has an authorized capital of 2,000,000 shares of D5 each. If the company issued 1,200,000 shares, its issued capital is
D 10,0000,000
D6,000,000
D4,000,000
D2,000,000

Paliwanag

1,200,000 x 5 = 6,000,000

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