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Question 82

Ali Plc with issued capital of #500,000 in #1.00 shares has for now requested shareholders to pay only 50k for each #1.00 share. The amount requested from the shareholders by the company is called?

  • A.issued capital
  • B.Called-up capital
  • C.paid-up capital
  • D.capital owned
  • E.borrowed
Objective

Question details

Exam body
WAEC
Subject
Commerce
Year
1997
Question no.
#82
Type
Objective
Previous · Q81The total assets of Ogo Plc is #16,000 and the liabilities included loan #2,000… Next · Q83 When a company raises additional capital by selling shares directly to the…

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