Multiple Choice
A company issued 500,000 ordinary shares to the public, priced at $1. The shares were payable 50 cents on 1 July 2018 and 50 cents was uncalled. How much cash was due to the company on 1 July from the issue?
A) $150,000.
B) $300,000.
C) $100,000.
D) $250,000.
Correct Answer:
Verified
Correct Answer:
Verified
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