Use the following information to answer the giv... - WAEC Accounting 2003 Question
Use the following information to answer the given question.
(\begin{array}{c|c} \text{Net profit for the year} & N75.000\ \text{Ordinary share capital of 50 kobo each} & N65,000\ \text{10% Preference shares of 50 kobo each} & N100,000\end{array})
The amount available as dividend to ordinary shareholders is
A
N75,000
B
N65,000
C
N55,000
D
N52,500
Ask EduPadi AI for a Detailed Answer
Correct Option: B
Please share this, thanks:
#WAEC #WAEC
Add your answer
No responses