Question on: SS2 Commerce - Types of capital
What does authorized capital represent?
View related lesson
A
The maximum amount of capital a company can issue
B
The portion of issued capital that shareholders have paid
C
The residual value of a company's assets
Ask EduPadi AI for a detailed answer
Correct Option: A
The maximum amount of capital a company can issue
Add your answer
Please share this, thanks!
No responses