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APT SAOG, Shinas has registered its capital as OMR 4,000,000 divided into 4,000,000 shares of OMR 1 each.The company offered 3,000,000 shares of OMR 1
APT SAOG, Shinas has registered its capital as OMR 4,000,000 divided into 4,000,000 shares of OMR 1 each.The company offered 3,000,000 shares of OMR 1 each to the public for subscription. The company received applications for 3,025,000 shares. The company finalized the allotment on 3,000,000 shares and rejected applications for 25,000 shares. The company called up OMR 0.800. The company received the entire amount except on 1,000 shares on which call money has not been received. Identify from the following the authorized capital of APT company. A. None of the other options B. OMR 3,000,000 C. OMR 2,399,200 D. OMR 4000,000
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