Part 6 of 6 - Companies Question 1 of 4 20 Points The information below relates to questions 1 - 4 On 1 March 2019 Queen Nandi Lid was registered with an authorised share capital of 500 000 ordinary shares and 10% 100 000 preference shares. The founders of the company subscribed to 20% of the ordinary shares of R1,50 per share and paid for it in full The financial year end of the company was set as 28 February On 15 January 2020 Queen Nandi Lid offered 40% of the authorised ordinary shares to the public of R2,50 per share and 75% of the 10% preference shares of R2,00 per share. The company appointed Langeni Bank as the underwriter of the share issue of all shares of a commission of 1% By 1 March 2020 the dosing date for the applications, 125% of the offered ordinary shares and 60 000 10% preference shares were applied for On 31 March 2020 all the offered shares were allotted by the board of directors, the cash of the unsuccessful applicants were repaid, and the underwriter's account was settled in full During a board meeting on 15 February 2021, the directors declared a dividend of RO,20 per share. The dividends were paid on 2 March 2021 Question 2 of 4 2.0 Points QUESTION 2 Which one of the following alternatives represents the correct amount that was debited in the bank account of Queen Nandi Lid on 1 March 2020? A. 120 000 B. 745 000 C. 120 000 . D. 120 000 E. 823 125 F. 776 250 Reset Selection Question 3 of 4 20 Points QUESTION 3 Which one of the following alternatives represents the correct settlement amount on 31 March 2020 on the underwriting agreement between Queen Nandi Lid and Langeni Bank? A. 23 500 - B. 6 500 . C. 7125 . D. 6750 . @E. 23 250 F. 22 875 . Reset Selection 2.0 Points Question 4 of 4 QUESTION 4 Which one of the following alternatives represents the correct amount that was paid out as dividends on 2 March 2021? . O A. 70 000 . B. 77 750 . C. 73 750 D. 64 000 . E. 60 000 . . OF. 83 750 Reset Selection