COMMERCE

JAMB 2015 - Question 10

Commerce 2015 JAMB Past Questions - Question 10: . A company has an authorized share capital of 34=15,000. It offered applicants 4*10,000 share capital, but of which the company collected #*7,500. What is the paid-up capital?

Choose the most appropriate option for the gap .
. A company has an authorized share capital of 34=15,000. It offered applicants 4*10,000 share capital, but of which the company collected #*7,500. What is the paid-up capital?
A:
B:
C:
D:
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Correct Answer

C

Explanation