Question on: JAMB Accounting - 2003
For the purpose of conversion of a partnership to a company, a total purchase consideration of N3.6m was paid. If 30% of the purchase consideration was in cash and the rest by 50k shares, how many shares issued?
A
N1080 000
B
N2 160 000
C
N3 600 000
D
N5 040 000
Ask EduPadi AI for a detailed answer
Correct Option: D
Add your answer
Please share this, thanks!
No responses