Question
The initial capital of a company consists of 60, 000 8% preference shares of K140.00 each and 240, 000 ordinary shares of K70.00 each. The
The initial capital of a company consists of 60, 000 8% preference shares of K140.00 each
and 240, 000 ordinary shares of K70.00 each. The dividend declared was K1, 740, 000.00.
(a) Calculate the dividend that was paid to the ordinary shareholders.
(b) What was the dividend percentage of an ordinary shareholder?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
