A company has an authorised share capital of 100 000 ordinary shares of $0.05. It has issued

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A company has an authorised share capital of 100 000 ordinary shares of $0.05. It has issued 70 000 shares. The directors recommend a dividend of 6%.

What will be the amount of the dividend?

A. $2100

B. $3000

C. $4200

D. $6000

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Accounting A Level And AS Level

ISBN: 9780521539937

1st Edition

Authors: Harold Randall

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Question Posted: Aug 28, 2023 01:51 PM

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A company has an authorised share capital of 100 000 ordinary shares of $0.05. It has issued

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Accounting A Level And AS Level

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