The issued share capital of Dickenson plc is as follows: 25p Ordinary shares: 300,000 8%

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The issued share capital of Dickenson plc is as follows:

● 25p Ordinary shares: £300,000

● 8% 50p Preference shares: £100,000 The preference dividend was paid in full and an ordinary dividend of 4p per share was paid.

Calculate the amount paid out in dividends.

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Related Book For  answer-question

Frank Woods Business Accounting Basics

ISBN: 9780273725008

1st Edition

Authors: Frank Wood, Mr David Horner

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