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A company s authorised share capital is 5 0 0 , 0 0 0 , 0 0 0 $ 1 shares, of which 3 0

A companys authorised share capital is 500,000,000 $1 shares, of which 300,000,000
have been issued at a premium of $0.10 per share. The issued shares are $0.45 paid.
If the company should fail, what is the maximum amount that the companys lenders
could claim directly from its shareholders?
nil
$165 million
$195 million
$275 million.

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