A private joint stock company was established with a capital of 15,000,000,000 shares, the founders subscribed to the minimum legally prescribed for them. The remainder was offered for public subscription. The public subscribed at a rate of 70% paid in full.

Required: 

Prepare the necessary daily restrictions and opening budget constraints, and show all calculations.

Answer rating: 100% (QA)

solution As given A private joint stock company was established ... View the full answer