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A company has an authorised share capital of 500,000 25c ordinary shares. Its issued share capital is 200,000 shares. An ordinary dividend of 10% is
A company has an authorised share capital of 500,000 25c ordinary shares. Its issued share capital is 200,000 shares. An ordinary dividend of 10% is declared. The cash payable to shareholders amounts to:
A | $5,000 |
B | $12,500 |
C | $20,000 |
D | $50,000 |
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