A dividend of 10 in a company on 500 000 ordina... - JAMB Accounting 1997 Question
A dividend of 10% in a company on 500 000 ordinary shares of N 1 nominal value has been declared, How much will a shareholder receive if he has 200 shares?
A
N 500 000
B
N 50 000
C
N200
D
N 20
correct option: d
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