Introduction of the term minimum subscription
Give a brief introduction of the term minimum subscription?
Expert
Minimum subscription is the word that is employed to represent the amount of the issue that has to be subscribed otherwise the shares cannot be issued if it is not being subscribed. Company that is offering the shares to the public then they place a particular amount for the subscription that can be taken through the public in order to issue the shares.
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I have reviewed the questions within the assignment and I am confused on how to read the financial statement (maybe because we did not cover this information within the class.) I understand the basics of financial statements and I understand the terms used within the questions, but I am not sure I a
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