Search SchoolNGR

Thursday, 02 April 2026
Register . Login

Use the following information to answer the given question: Issued ...

Use the following information to answer the given question:
Issued capital.................100,000
Ordinary shares................40,000
Preference shares..............30,000
Reserves.......................10,000
Debentures.....................60,000
Current........................150,000
Fixed assets...................90,000
Current assets.................240,000
What is the capital attributable to the equity shareholders?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A N130,000
  • B N140,000
  • C N170,000
  • D N180,000
  • E N240,000
Correct Answer: Option D
Explanation:

Share question on: