The following relates to the capital of Norfolk Ltd: Authorised share capital: 400,000 50p ordinary shares
Question:
The following relates to the capital of Norfolk Ltd:
● Authorised share capital: 400,000 50p ordinary shares
● Issued share capital: 250,000 50p ordinary shares If a dividend of 2.5p per share is paid, calculate the value of this dividend.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
25p...View the full answer
Answered By
Bhartendu Goyal
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions. I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life. I have also done one-to-one tutoring with 100+ students and help them achieve great subject knowledge. I have expertise in computer subjects like C++, C, Java, and Python programming and other computer Science related fields. Many of my student's parents message me that your lessons improved their children's grades and this is the best only thing you want as a tea...
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Frank Woods Business Accounting Basics
ISBN: 9780273725008
1st Edition
Authors: Frank Wood, Mr David Horner
Question Posted:
Students also viewed these Business questions
-
Alex is 17 weeks pregnant. She comes into the clinic to get a alpha-fetoprotein test. A low result could indicate all of the following except
-
Which of the following is true of older workers? a. They are more likely to be absent because of health issues. b. They are more likely to be careful about the quality of their work. c. They are more...
-
The following is the statement of financial position of Alpha Ltd as on 30 June 20X8: The following information is relevant: 1. There are contingent liabilities in respect of (i) A guarantee given to...
-
Make use of table 1.4 to express the following quantities in BG units: (a) 14.2 km, (b) 8.14 N/m 3 , (c) 1.61 kg/m 3 , (d) 0.0320 N m/s (e) 5.67 mm/hr.
-
Miskimen Industries uses job costing to calculate the costs of its jobs with direct labor cost as its manufacturing overhead allocation base. The company manufactures a variety of engines for use in...
-
Show the constant growth model in the form of its expected rate of return.
-
Problem 8 is the same as problem 7 with respect to initial measurement of the ARO liability. Now assume that Tadpoles credit standing improves over time, causing the credit-adjusted risk-free rate to...
-
Emelio and Charita are married taxpayers with 2 dependent children. Emelio starts a computer consulting business in 2011. Charita works as a real estate broker. During 2011, they have the following...
-
Regarding 1031 exchanges, which of these statements regarding debt load in an exchanged property is true? Unset starred question The 1031 exchange doesn't address debt load. The debt load for the new...
-
The following relates to the capital of Adams Ltd: Issued share capital: 200,000 1 ordinary shares 120,000 4% 1 preference shares If a dividend of 3.5 pence per share is paid in full as well as the...
-
The following relates to the capital of Nisanci plc: Authorised share capital: 500,000 1 ordinary shares Issued share capital: 350,000 1 ordinary shares If a dividend of 4.5p per share is paid,...
-
(a) One way of defining sec-1 x is to say that y = sec-1x sec y = x and 0 < y < /2 or < y < 3/2. Show that, with this definition, d/dx (sec-1 x) = 1 / xx2 1 (b) Another way of defining sec-1 that is...
-
What is objectivity in terms of the internal audit process? What factors does an external auditor consider when evaluating the objectivity of a client company's internal audit processes? Add...
-
Tiger Company's total stockholders' equity at the beginning of the year was $180,000. During the year Tiger reported the following: Net income of $84,000. Dividend declarations totaling $17,500....
-
How do theories of rhetoric and discourse analysis inform our understanding of power dynamics within political communication, especially in the context of framing, agenda-setting, and media...
-
Murdock Industries uses a periodic inventory system and the LIFO retail method to estimate its ending inventories. The following data has been summarized for December 31, 2018: Cost Retail Inventory,...
-
Consider the four quadrants of real estate investment. If you were to explore investing in real estate, in which quadrant would you operate? Explain.
-
A horizontal, parallel-sided plate of glass having a refractive index of 1.52 is in contact will the surface of water in a tank. A ray coming from above in air makes an angle of incidence of 35.0"...
-
In a nonmagnetic medium, E = 50 cos (10 9 t 8x) a y + 40 sin (10 9 t 8x) a z V/m find the dielectric constant r and the corresponding H.
-
How can a promotion manager aim a message at a certain target market with electronic media (like the Internet) when the customer initiates the communication? Give an example.
-
What promotion blend would be most appropriate for producers of the following established products? Assume average- to large-sized firms in each case and support your answer. a. Chocolate candy bars....
-
A small company has developed an innovative new spray-on glass cleaner that prevents the buildup of electrostatic dust on computer screens and TVs. Give examples of some low-cost ways the firm might...
-
Extravagance Ltd. has profit margin of 11%, total asset turnover of 1.25, equity multiplier of 1.75 and a payout ratio of 55%. What is the firm's sustainable growth rate? a) 24.06% b) 12.14% c)...
-
1. You plan to retire in 35 years and would like to have $1,000,000 in investments. How much money would you have to invest today at a 7% annual interest rate compounded daily to reach your goal in...
-
Are the credit ratings of the five airlines consistent with the Net Debt / EBITDA ratios of the five airlines (the parent companies)?
Study smarter with the SolutionInn App