AB plc has an authorised share capital of 50,000 ordinary shares of $0.50 each. The issued share

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AB plc has an authorised share capital of 50,000 ordinary shares of $0.50 each. The issued share capital is $100,000. The directors declare a dividend of $0.15 per ordinary share. What is the total amount of the dividend payment?

A. $15,000

B. $30,000

C. $75,000

D. $150,000

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Accounting For Cambridge International AS And A Level

ISBN: 9780198399711

1st Edition

Authors: Jacqueline Halls Bryan, Peter Hailstone

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