The following relates to the capital of Adams Ltd: Issued share capital: 200,000 1 ordinary shares

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The following relates to the capital of Adams Ltd:

Issued share capital:

● 200,000 £1 ordinary shares

● 120,000 4% £1 preference shares If a dividend of 3.5 pence per share is paid in full as well as the preference dividend, then calculate the total dividend paid by Adams Ltd.

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Frank Woods Business Accounting Basics

ISBN: 9780273725008

1st Edition

Authors: Frank Wood, Mr David Horner

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