A Ltd. Company has an authorized capital of 2,000,000 shares of D5 each. If the company issued 1,200,000 shares, its issued capital is
-
A.
D 10,0000,000 -
B.
D6,000,000 -
C.
D4,000,000 -
D.
D2,000,000
Correct Answer: Option B
Explanation
1,200,000 x 5 = 6,000,000