Question 22Maimani Plc, whose nominal capital is made up of 5,000,000 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 authorized share capital?
- A.N2,500,000
- B.N4,000,0000
- C.N5,000,000
- D.N7,500,000