Use the information below to answer this question.
Mammy Plc, whose nominal capital is made up of 5,000,000 ordinary shares at 50K each, decide to offer 80% of it to the public and realized only 50% of the amount due.
what is the company authorized share authorized share capital?
a
N4,000,000
b
N5,000,000
c
N7,500,000
d
N2,500,000
Explanation
Correct Option
dVideo Explanation
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