A limited company has an authorized capital of 20,000,000 shares. If each share capital costs 50k and the company sold 12,000,000 shares, its issued capital is? By: Sunday|Published on: May 29|Categories: Commerce WAEC| 0 comments A. #16,000,000 B. #10,000,000 C. #6,000,000 D. #4,000,000 Correct Answer: Option C C. #6,000,000 Users Also Read These:The part of issued share capital that the company…The issued share capital is the number of shares that are?The total of share capital which a company should be…Write briefly on these account terms: a) Authorized…When a company raises additional capital by selling…SEE ALSO The principle which requires the insurance company to disclose to the proposer all material facts of the risk to be covered is?