A limited company has an authorised capital of 400,000 ordinary shares of $0.50 each. The issued capital
Question:
A limited company has an authorised capital of 400,000 ordinary shares of $0.50 each. The issued capital is $150 000. The directors declare a dividend of $0.10 per share.
What will the dividend amount be?
A. $10,000
B. $20,000
C. $30,000
D. $40,000
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The dividend amount would be Dividend per share x Number o...View the full answer
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Related Book For
Accounting For Cambridge International AS And A Level
ISBN: 9780198399711
1st Edition
Authors: Jacqueline Halls Bryan, Peter Hailstone
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