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A limited liability company has an authorized share capital of N50 million split into ...

A limited liability company has an authorized share capital of N50 million split into 100 million shares 80 million share was offered for subscription at 60k per share payable in full on application. These have been fully subscribed and issued
What is the issued capital
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A N40
  • B N48
  • C N50
  • D N80
Correct Answer: Option A
Explanation:

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