4. Dividend Calculation LO3

PT Merdeka Belajar has the following shareholders equity: Common stock (700,000 shares at IDR 700 per-share) Paid-in-capital in excess of par

Retained Earnings

Required:

IDR ........................ IDR 140,000,000

IDR 70,000,000

a. How much is the total shareholders equity of PT Merdeka Belajar?

b. How much maximum per-share-dividend could PT Merdeka Belajar pay?