A public company has an authorized capital of 60,000 shares, A share costs 150k and...

WAEC 2003

A public company has an authorized capital of 60,000 shares, A share costs 150k and the company has issued 36,000 shares. The issued capital would be?

A. N90,000
B. N60,000
C. N54,000
D. N36,000

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Correct Answer: Option C

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