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PT Indo Merdeka has the following shareholders equity: Common stock (700,000 shares at IDR 700 per-share) IDR ........................ Paid-in-capital in excess of par IDR 140,000,000

PT Indo Merdeka has the following shareholders equity:

Common stock (700,000 shares at IDR 700 per-share) IDR ........................

Paid-in-capital in excess of par IDR 140,000,000 Retained Earnings IDR 70,000,000 Required:

QUESTION a. How much is the total shareholders equity of PT Indo Merdeka? b. How much maximum per-share-dividend could PT Indo Merdeka pay?

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