A company has an authorized capital of 40 million shares ...
A company has an authorized capital of 40 million shares at N1 each, out of which 32 million are issued and fully paid-up. What happens to the remaining 8 million shares?
it has been issued but not paid-up
it has been applied for but not issued
it is not paid-up
it has not yet been issued
Correct answer is D
The remaining 8million shares have not been issued out for subscription by the public.
Which of the following is best organized as a partnership? ...
EXTERNAL ENVIRONMENT INTERNAL ENVIRONMENT EXTERNAL ENVIRONMENT Which of the following seq...
When more shares are applied for than are offered for sale the offer is said to be over? ...
Bonded warehouses are controlled by ...
Which of the following is used as a pricing policy? ...
The practice whereby government relinquishes its ownership interest in a public enterprises is? ...
When a price is quoted at F.O.B. it means that the price? ...
Which of the following advertising media combines the advantages of sound and motion? ...