The issued share capital of Dickenson plc is as follows: 25p Ordinary shares: 300,000 8%

Question:

The issued share capital of Dickenson plc is as follows:

● 25p Ordinary shares: £300,000

● 8% 50p Preference shares: £100,000 The preference dividend was paid in full and an ordinary dividend of 4p per share was paid.

Calculate the amount paid out in dividends.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Frank Woods Business Accounting Basics

ISBN: 9780273725008

1st Edition

Authors: Frank Wood, Mr David Horner

See More Books

Question Posted: Mar 09, 2024 06:02 AM

See More 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
P plc acquired 80 per cent of the ordinary share capital of S plc for 150,000 and 50 per cent of the issued 10 per cent cumulative preference shares for 10,000, both purchases being effected on 1 May...
P plc acquired 80% of the ordinary share capital of S plc for 150,000 and 50% of the issued 10% cumulative preference shares for 10,000, both purchases being effected on 1 May 2017. There have been...
A Continuous fractional column, operating at atmospheric pressure, is to be designed to separate a mixture containing 20 per cent benzene in toluene into an overhead product containing 90 percent...
Stonecreek Furniture started and finished Job 310 during November. The company's records show that the following direct materials were requisitioned for Job 310: Lumber: 45 units at $6 per unit...
What are the likely consequences to managing a highly uncertain project in the predictive style of project management?
Downloading apps to your cell phone. Refer to the survey of cell phone owners, Exercise 4.27 (p. 221). There you were given the probability distribution for x, the number of apps used at least once a...
On December 31, 2012, Dow Steel Corporation had 600,000 shares of common stock and 300,000 shares of 8%, noncumulative, nonconvertible preferred stock issued and outstanding. Dow issued a 4% common...
Questions on Capital Budgeting _ ( topic for this week ) . 2 . A private jet charter firm in Champaign is considering adding a new jet to their fleet. For a simple NPV analysis they have made the...
The following trial balance relates to the trading activities of Billingham Ltd. From this data and the additional information provided you are to construct a set of financial statements. Additional...
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...
1. How do the bidders acquisition motives differ? 2. What are the strategic and organisational fit implications of both bids?
The amounts of caffeine in a sample of five-ounce servings of brewed coffee are shown in the histogram. Number of 5-ounce servings S 25- 20 15 10 25 12 10 1 2 70.5 92.5 114.5 136.5 158.5 Caffeine (in...
Tom, David, Dale, and Murdock are four business students who want to rent a four- bedroom apartment together for the fall semester. They have identified the three factors important to them in...
Listed below, out of order, are the steps in an accounting cycle. 1. Prepare the unadjusted trial balance. 2. Post journal entries to general ledger accounts. 3. Analyze transactions from source...
Consider Quick Start QFD Matrix 2 above. Which two technical specifications are strongly correlated with each other? Quick Start QFD Matrix 2 Strong positive correlation Some positive correlation ==...
A cylindrical solenoid of length $\ell$ and radius $R$ has $n$ windings per unit length and carries a current $I$. (a) Use the inductance expression $L=\left(\mu_{0} N^{2} A ight) / \ell$...
Discuss any advantages a single measure, such as an average, has over a table showing a whole set of data.
The manager for retail customers, Katie White, wants to hear your opinion regarding one business offer she has received from an entrepreneur who is starting a mobile phone app called Easy Money. The...
In your own words, discuss the integrated marketing communications concept. Explain what its emphasis on consistent and complete messages implies with respect to promotion blends.
Relate the three basic promotion objectives to the four jobs (AIDA) of promotion using a specific example.
Discuss the communication process in relation to a producers promotion of an accessory productsay, a new electronic security system businesses use to limit access to areas where they store...
Production numbers for 2 shifts are shown. The shift supervisor of Shift 2 insists to the production manager that her operators are more productive than the ones on Shift 1. Using a confidence level...
In a class, the scores that students got are as shown. What are the 25, 50, 75 and 100th percentiles for the data? 84 84 98 80 89 83 85 56 85 84 84 74 84 81 83 80 45 86 67 79 81 78 76 85 83 77 86 83...
Number of points made by Teams A and B are shown. Which statement is true based on running the F-Test Two-Sample for Variances in the Data Analysis pack in Excel? Use a confidence level of 10% to...

The issued share capital of Dickenson plc is as follows: 25p Ordinary shares: 300,000 8%

Question:

Step by Step Answer:

Ordinary dividend 4...View the full answer

Frank Woods Business Accounting Basics

Students also viewed these Business questions