Preference share dividends TJZL Ltd has an authorised capital that includes 200,000,10 percent $1 preference shares, of
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Preference share dividends TJZL Ltd has an authorised capital that includes 200,000,10 percent $1 preference shares, of which 160,000 are issued. These shares are currently being sold for $2 each. Assuming that the company makes sufficient profits, what will the dividend payment to preference shareholders in any one year be?
A. $4000
B. $16,000
C. $20,000
D $32,000
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