Post Utme Caleb University 2020 Commerce Question 20

Practice objective / multiple choice question 20 from the 2020 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2020 Commerce Objective / Multiple Choice
Question 20 POST_UTME_CALEB_UNIVERSITY • 2020 • COMMERCE • objective

A company has a policy of paying a 10% dividend on its shares. If the company has 10,000 shares outstanding and the dividend per share is ₦5, what is the total amount paid out in dividends?

Answer Options

A. ₦50,000
B. ₦60,000
Correct Answer C. ₦70,000
D. ₦80,000
Correct Answer
C
Correct Option:
₦70,000

About This Question

This is Post Utme Caleb University 2020 Commerce Question 20. It is one of the objective questions from the 2020 Post Utme Caleb University Commerce examination.

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