Post Utme Caleb University 2021 Commerce Question 35

Practice objective / multiple choice question 35 from the 2021 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2021 Commerce Objective / Multiple Choice
Question 35 POST_UTME_CALEB_UNIVERSITY • 2021 • COMMERCE • objective

A company has a policy of paying 10% of its profits as dividends to its shareholders. If the company makes a profit of ₦1,000,000, how much will it pay as dividends?

Answer Options

Correct Answer A. ₦100,000
B. ₦200,000
C. ₦300,000
D. ₦400,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Caleb University 2021 Commerce Question 35. It is one of the objective questions from the 2021 Post Utme Caleb University Commerce examination.

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