Concept:Paid-up capital is the portion of issued share capital for which the company has actually received cash or other consideration from shareholders.
Explanation:When a company issues shares, shareholders are required to pay the face value or agreed amount to the company.
The total value so received by the company is called paid-up capital.
Authorized capital is merely the maximum amount of share capital that a company is permitted to issue, as stated in its memorandum of association.
Issued capital becomes paid-up capital only when the subscribers have paid the amount due on the shares allotted to them.
Working capital represents current assets minus current liabilities, and capital employed refers to total funds invested in the business; neither relates to the amount collected from share subscription.
Hence, the total value received as consideration for shares issued constitutes paid-up capital.
Answer:A. paid-up capital