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For this question : LogiSmart Ltd started trading in 2020 with 250,000 share capital at $1.50. The companymade a profit for the year 2020 of
For this question :
LogiSmart Ltd started trading in 2020 with 250,000 share capital at $1.50. The companymade a profit for the year 2020 of $80,000. In 2021, it made a loss of $45,000. What is themaximum dividend the company could pay at the end of 2021, assuming that no dividendswere paid, and there are no other changes in the owners' equity section in 2020?
can you simple explain it plz it.
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