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plz solve!!! The authonzed capital of Star Line 1LC was OMR 40x),000, diviksd in to 400,000 shares of OMR 1 each. 200,000 shares were offered
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The authonzed capital of Star Line 1LC was OMR 40x),000, diviksd in to 400,000 shares of OMR 1 each. 200,000 shares were offered to the public for subscription of OMR 1 each of which the company had received application for 250,000 shares. But the company decided to allot 200,000 shares and rejected 50,000 shares. The company called up OMR 0.500 per share and company received on all the shares except on 2000 shares. a. How much amount will be the authorized capital of the company? a)OMR 300,000 b)None of the listed choices CJOMR 400,000 d)OMR 180,000 b. How much amount will be the issued capital of the company? None of the listed choices OMR 200,000 OMR 100,000 OMR 400,000 c.How inuch arnount will be the paid up capitl of the compary? OMR 200,000 OMR 99,000 OMR 100.000 None of the listed choices Step by Step Solution
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