Question 0

Use the information below to answer question 14 and 15.
Miamani Plc, whose nominal capital is made up of 5000 000 ordinary shares of 50k each, decided to offer 80% of it to the public and realized only 50% of the amount due.

What is the company's reserve share capital?

  • A.N2500 000
  • B.N4000 000
  • C.N5000 000
  • D.N2000 000
  • E.
Objective

Question details

Exam body
JAMB
Subject
Commerce
Year
2008
Question no.
#0
Type
Objective

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