Post Utme Al Hikmah University 2024 Commerce Question 14

Practice objective / multiple choice question 14 from the 2024 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2024 Commerce Objective / Multiple Choice
Question 14 POST_UTME_AL-HIKMAH_UNIVERSITY • 2024 • COMMERCE • objective

A company has a policy of paying a 10% dividend to its shareholders. If the company's profit is ₦1,000,000, what is the amount of dividend paid?

Answer Options

A. ₦100,000
Correct Answer B. ₦110,000
C. ₦120,000
D. ₦130,000
Correct Answer
B
Correct Option:
₦110,000

About This Question

This is Post Utme Al Hikmah University 2024 Commerce Question 14. It is one of the objective questions from the 2024 Post Utme Al Hikmah University Commerce examination.

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