Question

Q15. A company issued 12,500 shares and received applications for 25,000 shares. Company wants to allot shares to everyone who has applied. What will be the ratio for allotment?​

Answer 1

Answer:

2:1

Explanation:

25000÷12500=2

shares applied=25000

company can return allotment money of 12500 shares which were issued by the company hence the ratio comes to be 2:1