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A company has an authorised capital of 1,000,000 10c ordinary shares of which 800,000 are in issue. It is proposed to pay a dividend totalling

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A company has an authorised capital of 1,000,000 10c ordinary shares of which 800,000 are in issue. It is proposed to pay a dividend totalling $40,000. Which of the following expressions correctly describes the amount of the dividend? A company has an authorised capital of 1,000,000 10c ordinary shares of which 800,000 are in issue. It is proposed to pay a dividend totalling $40,000. Which of the following expressions correctly describes the amount of the dividend

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