Accounting WAEC

Dividend per ordinary share is?

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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6 years ago

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