12.4A Western Gadgets Limited has an authorised share capital of 24 000 denominated in 25p shares; 20

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12.4A Western Gadgets Limited has an authorised share capital of £24 000 denominated in 25p shares; 20 000 shares are issued. In the year ending 30 April 20X6 an interim dividend of 2p per share and a final dividend of 2.5p per share were paid.

Joan owns shares in Western Gadgets Limited with a nominal value of £1500. What is the value of Joan's dividend for the year ending 30 April 20X6?

a) £270

b) £150

c) £225

d) £67.50.

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Business Accounting And Finance For Non Specialists

ISBN: 9781861528728

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Authors: Catherine Gowthorpe

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Question Posted: Jul 19, 2024 10:01 PM

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12.4A Western Gadgets Limited has an authorised share capital of 24 000 denominated in 25p shares; 20

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Business Accounting And Finance For Non Specialists

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