Dividend payment CD plc has an authorised share capital of 500,000 ordinary shares of $0.25 each; 80,000

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Dividend payment CD plc has an authorised share capital of 500,000 ordinary shares of $0.25 each; 80,000 shares have been issued. The directors declare a dividend of 4 percent. What is the total amount of the dividend payment?

A. $200

B. $500

C. $800

D. $1250

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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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