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WAEC Commerce 2015 Objective — Question 13

Question 13 of 50 from the West African Examinations Council (WAEC) Commerce 2015 Objective paper, with the correct answer and a full explanation.

The unissued capital amounts to

A. #160,000,000
B. #60,000,000Correct
C. #40,000,000
D. #15,000,000

Explanation

Value of unissued share = #160,000,000 − #100,000,000 = #60,000,000.

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