Question 13

```USE THE FOLLOWING INFORMATION TO ANSWER QUESTIONS 83 TO 85
A public limited company whose nominal capital is made up of #400,000 ordinary shares of 50 kobo each, decided to issues 50% of it to the public and realized only 50% of the amount due.```
What is the paid up capital?

  • A. #50,000
  • B. #100,000
  • C. #150,000
  • D. #200,000
Objective

Question details

Exam body
BUK
Subject
Commerce
Year
2017/2018
Question no.
#13
Type
Objective

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