A limited company has an authorised capital of 400,000 ordinary shares of $0.50 each. The issued capital

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A limited company has an authorised capital of 400,000 ordinary shares of $0.50 each. The issued capital is $150 000. The directors declare a dividend of $0.10 per share.

What will the dividend amount be?

A. $10,000

B. $20,000

C. $30,000

D. $40,000

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Accounting For Cambridge International AS And A Level

ISBN: 9780198399711

1st Edition

Authors: Jacqueline Halls Bryan, Peter Hailstone

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Question Posted: Sep 17, 2021 01:41 AM

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A limited company has an authorised capital of 400,000 ordinary shares of $0.50 each. The issued capital

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The dividend amount would be Dividend per share x Number o...View the full answer

Accounting For Cambridge International AS And A Level

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