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A Ltd. Company has an authorized capital of 2,000,000 shares of D5 each. If the company ...

A Ltd. Company has an authorized capital of 2,000,000 shares of D5 each. If the company issued 1,200,000 shares, its issued capital is
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  • A D 10,0000,000
  • B D6,000,000
  • C D4,000,000
  • D D2,000,000
Correct Answer: Option B
Explanation:
1,200,000 x 5 = 6,000,000

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