A shareholder who holds 100,000 shares of 50 butts each is given a dividend of 10 percent less 2 percent tax. What is his net return?

By: |Published on: May 28|Categories: Commerce WAEC| 0 comments

A. D10,000.00
B. 9,800.00
C. D5,000.00
D. D4,900.00

Correct Answer: Option C

C. D5,000.00

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