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WASSCE

The directors of Olu Ltd. recommended a dividend of 10% on 1,000,000 ordinary share capital of GH⊄ 2.00 each.
The amount of dividend declared is

A.
GH⊄ 200,000
B.
GH⊄ 100,000
C.
GH⊄ 20,000
D.
GH⊄ 10,000

Answer: A

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