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A company has an authorised share capital of 1,000,000 ordinary shares of $1 each, of which 800,000 have been issued at a premium of
A company has an authorised share capital of 1,000,000 ordinary shares of $1 each, of which 800,000 have been issued at a premium of 50c each, thereby raising capital of $1,200,000. The directors are considering allocating $120,000 for dividend payments this year. This amounts to a dividend of (cent per share):
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
1st edition
1111822360, 978-1337116619, 1337116610, 978-1111822378, 1111822379, 978-1111822361
