Dividend per ordinary share is?

By: |Published on: Jun 4|Categories: Accounting WAEC| 0 comments

Use the following information to answer the given question.

Net profit for the year N75.000
Ordinary share capital of 50 kobo each N65,000
10% Preference shares of 50 kobo each N100,000

A. N1.00
B. N0.50
C. N0.45
D. N0.40

Correct Answer: Option B

B. N0.50

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