Accounts > 2003 > 9

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



Dividend per ordinary share is

A.
N1.00
B.
N0.50
C.
N0.45
D.
N0.40

Answer: B

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