Question 9 Not yet answered Marked out of 1 P Flag question The authorized capital...
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Question 9 Not yet answered Marked out of 1 P Flag question The authorized capital of Maxwell Corporation was OMR 1,000,000 divided into shares of OMR I each. In the year 2020 the company issued 600,000 shares for public subscription. 85% of the issued shares were subscribed by the public. The company called up for all the allotted shares in full. There was a failure of payment of call money from a shareholder holding 3,000 shares. Find out the total amount of paid up capital? O a OMR 850,000 o b. OMR 510,000 O c. OMR 507,000 O d. OMR 503,000
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