The following relates to the capital of Norfolk Ltd: Authorised share capital: 400,000 50p ordinary shares
Question:
The following relates to the capital of Norfolk Ltd:
● Authorised share capital: 400,000 50p ordinary shares
● Issued share capital: 250,000 50p ordinary shares If a dividend of 2.5p per share is paid, calculate the value of this dividend.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (4 reviews)
25p...View the full answer
Answered By
Bhartendu Goyal
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions. I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life. I have also done one-to-one tutoring with 100+ students and help them achieve great subject knowledge. I have expertise in computer subjects like C++, C, Java, and Python programming and other computer Science related fields. Many of my student's parents message me that your lessons improved their children's grades and this is the best only thing you want as a tea...
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Frank Woods Business Accounting Basics
ISBN: 9780273725008
1st Edition
Authors: Frank Wood, Mr David Horner
Question Posted:
Students also viewed these Business questions
-
Alex is 17 weeks pregnant. She comes into the clinic to get a alpha-fetoprotein test. A low result could indicate all of the following except
-
Which of the following is true of older workers? a. They are more likely to be absent because of health issues. b. They are more likely to be careful about the quality of their work. c. They are more...
-
The following is the statement of financial position of Alpha Ltd as on 30 June 20X8: The following information is relevant: 1. There are contingent liabilities in respect of (i) A guarantee given to...
-
Make use of table 1.4 to express the following quantities in BG units: (a) 14.2 km, (b) 8.14 N/m 3 , (c) 1.61 kg/m 3 , (d) 0.0320 N m/s (e) 5.67 mm/hr.
-
Miskimen Industries uses job costing to calculate the costs of its jobs with direct labor cost as its manufacturing overhead allocation base. The company manufactures a variety of engines for use in...
-
If a company's net income is \($30\) million, its depreciation and amortization is \($10\) million, its interest expense is \($5\) million, and its tax rate is 30%, the company's EBDA and EBITDA,...
-
Consider the probability distributions shown here: LO9 x 3 4 5 p(x) .3 .4 .3 y 3 4 5 p(y) .1 .8 .1 a. Use your intuition to find the mean for each distribution. How did you arrive at your choice? b....
-
Collins Corporation issued 10,000 shares of no-par common stock for $20 per share. Collins also issued 2,000 shares of $50 par, 5 percent noncumulative preferred stock at $55 per share. Required...
-
Dretrowis a Dond that Muitiple Choice. Coupon Foce value Discount Yield Dirty price
-
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...
-
The following relates to the capital of Nisanci plc: Authorised share capital: 500,000 1 ordinary shares Issued share capital: 350,000 1 ordinary shares If a dividend of 4.5p per share is paid,...
-
Suppose we are testing the hypothesis H0: p = 0.65 versus H1: p 0.65 and we nd the P-value to be 0.02. Explain what this means. Would you reject the null hypothesis? Why?
-
Convex Productions produces full-length motion pictures for distribution worldwide. Convex has just purchased the rights to a movie script entitled Native Sun, which it intends to develop as its next...
-
You are visiting the Engineering Office of Denton Hospital, as part of a consulting project. You notice some charts on one wall which look familiar to you: One of the employees notices you reading...
-
Richmond Clinic has obtained the following estimates for its costs of debt and equity at different capital structures: What is the firms optimal capital structure? (Hint: Calculate its corporate cost...
-
Suppose a sample yields estimates \(\widehat{\theta}_{1}=5, \widehat{\theta}_{2}=3\), se \(\left[\widehat{\theta}_{1} ight]=2\), and se \(\left[\widehat{\theta}_{2} ight]=1\) and the correlation...
-
Helium expands in a nozzle from \(0.8 \mathrm{MPa}, 500 \mathrm{~K}\), and negligible velocity to \(0.1 \mathrm{MPa}\). Calculate the throat and exit areas for a mass flow rate of \(0.34 \mathrm{~kg}...
-
Explain under what circumstances you would use hypothesis testing as opposed to an estimation procedure.
-
Sportique Boutique reported the following financial data for 2012 and 2011. Instructions(a) Calculate the current ratio for Sportique Boutique for 2012 and 2011.(b) Suppose that at the end of 2012,...
-
How can a promotion manager aim a message at a certain target market with electronic media (like the Internet) when the customer initiates the communication? Give an example.
-
What promotion blend would be most appropriate for producers of the following established products? Assume average- to large-sized firms in each case and support your answer. a. Chocolate candy bars....
-
A small company has developed an innovative new spray-on glass cleaner that prevents the buildup of electrostatic dust on computer screens and TVs. Give examples of some low-cost ways the firm might...
-
explain in excel please For a particular product the price per unit is $6. Calculate Revenue if sales in current period is 200 units. Conduct a data analysis, on revenue by changing the number of...
-
Hall Company sells merchandise with a one-year warranty. In the current year, sales consist of 35,000 units. It is estimated that warranty repairs will average $10 per unit sold and 30% of the...
-
Q 4- Crane Corporation, an amusement park, is considering a capital investment in a new exhibit. The exhibit would cost $ 167,270 and have an estimated useful life of 7 years. It can be sold for $...
Study smarter with the SolutionInn App