What is the paid up capital?

What is the paid up capital?

A public Limited Company whose nominal capital is made up of 400,000 ordinary shares of 50k each, decided to issue 50% of it to the public and realized only 50% of the amount due A. #50,000.00 B. #100,000.00 C. #150,000.00 D. #200,000.00 Correct Answer: Option A...

What is the company’s registered capital?

A public Limited Company whose nominal capital is made up of 400,000 ordinary shares of 50k each, decided to issue 50% of it to the public and realized only 50% of the amount due A. #50,000.00 B. #80,000.00 C. #200,000.00 D. #400,000.00 Correct Answer: Option C...
What is the paid up capital?

A company is said to be insolvent when?

A. it makes a loss in any one year B. its total liabilities exceed total assets C. the ordinary shareholders recieve no dividend from the company D. the preference shareholders could not be paid by the company Correct Answer: Option B – its total liabilities...

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