Question
A company came up with an IPO of 2 million shares. The face value of each share is OMR 0.750. 90% of the shares were
A company came up with an IPO of 2 million shares. The face value of each share is OMR 0.750. 90% of the shares were subscribed by the public. The company called up 80% of the face value of the share. What is the called up capital of the company?
a.
RO 1,200,000
b.
RO 1,350,000
c.
RO 1,500,000
d.
RO 1,080,000
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
4th Edition
0256147175, 978-0256147179
