a company has recently advertised an issue of one million ordinary shares of 50kobo and...

WAEC 1990

a company has recently advertised an issue of one million ordinary shares of 50kobo and 65kobo per share.wen the issue is fully paid the company will collect?

A. N65,000.00
B. N500,000.00
C. N650,000.00
D. N1,000,000.00
E. N65,000,000.00

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Correct Answer: Option C

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