Answer Posted / vass
The amount of capital that a company has been authorized to
raise by way of equity and preference shares through the
Articles of Association / Memorandum of Association of the
company. This is typically the capital at the time it has
been incorporated. The face value is also closely linked to
the first issue of authorized capital.
| Is This Answer Correct ? | 50 Yes | 9 No |
Post New Answer View All Answers
What are adjustment entries?
What is the Banking Ombudsman Scheme?
Explain different trims?
What in external debt economy?
Who is the investment banker?
On What Basis Securities Should Be Selected?
What Documents Do I Need To File In A Chapter 7 Case?
What is Capital of a Company?
What Is The Difference Between Net Cash Flow And Net Income?
What does wacc mean?
Explain the source of income for niacl?
What do you know about OROP?
Define general life insurance.
How Do I Record Exterior Cement Work? Is It An Asset Or An Expense?
How To Associate Users With A Group?