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Fantastic chandeliers Ltd started trading in 2020 with 150,000 share capital at $1. The company made a profit for the year 2020 of $50,000. In
Fantastic chandeliers Ltd started trading in 2020 with 150,000 share capital at $1. The company made a profit for the year 2020 of $50,000. In 2021, it made a loss of $30,000. What is the maximum dividend the company could pay at the end of 2021, assuming that no dividends were paid, and there are no other changes in the owners' equity section in 2020? Why? please explain
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