A companys ordinary shares have a par value of 5 pence each. Its balance sheet reports issued

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A company’s ordinary shares have a par value of 5 pence each. Its balance sheet reports issued ordinary share capital, fully paid, of £90,000. If the company pays an ordinary dividend of 8 pence per share, this amounts to total dividends paid of:

(A) £144,000

(B) £36,000

(D) £14,400

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Frank Woods Business Accounting An Introduction To Financial Accounting

ISBN: 9781292365435

15th Edition

Authors: Alan Sangster, Lewis Gordon, Frank Wood

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Question Posted: Mar 04, 2024 09:23 AM

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A companys ordinary shares have a par value of 5 pence each. Its balance sheet reports issued

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Frank Woods Business Accounting An Introduction To Financial Accounting

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