A public company has 2 000 000 ordinary shares of 50k each and offers 50% for subscription at N2 per share.
If the shares were fully subscribed, calculate the issued capital?
If the shares were fully subscribed, calculate the issued capital?
-
A.
N4 000 000 -
B.
N2 000 000 -
C.
N1 000 000 -
D.
500 000