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A company has an authorized share capital of 100,000 ordinary shares of $0.25 each. It has issued 80,000 of the shares. An interim dividend of

A company has an authorized share capital of 100,000 ordinary shares of $0.25 each. It has issued 80,000 of the shares. An interim dividend of 15% has been paid during the year.

The dividend paid to shareholders was?

Question 20Answer

a.

$2,500

b.

$2,400

c.

$3,000

d.

$3,750

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