AB plc has an authorised share capital of 50,000 ordinary shares of $0.50 each. The issued share
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AB plc has an authorised share capital of 50,000 ordinary shares of $0.50 each. The issued share capital is $100,000. The directors declare a dividend of $0.15 per ordinary share. What is the total amount of the dividend payment?
A. $15,000
B. $30,000
C. $75,000
D. $150,000
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Related Book For
Accounting For Cambridge International AS And A Level
ISBN: 9780198399711
1st Edition
Authors: Jacqueline Halls Bryan, Peter Hailstone
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