Commerce Questions
Question 2821:
The nominal capital of a public limited company is made up of 400,000 ordinary shares of 50k each.
The Board of Directors decided to issue 50% of it for subscription by the public.
The authorized share capital is
View Answer & ExplanationThe Board of Directors decided to issue 50% of it for subscription by the public.
The authorized share capital is
Question 2822:
The nominal capital of a public limited company is made up of 400,000 ordinary shares of 50k each.
The Board of Directors decided to issue 50% of it for subscription by the public.
The reserved capital is
View Answer & ExplanationThe Board of Directors decided to issue 50% of it for subscription by the public.
The reserved capital is