Accounts > 2003 > 8
WASSCE
Use the following information to answer this question
| Net profit for the year Ordinary share capital of 50 kobo each 10% Preference shares of 50 kobo each | N75,000 N65,000 N100,000 |
Preference dividend for the year is
A.
N20,000
B.
N10,500
C.
N10,000
D.
N7,500
Answer: C
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