Post Utme Eksu 2019 Commerce Question 20

Practice objective / multiple choice question 20 from the 2019 Post Utme Eksu Commerce examination.

Post Utme Eksu 2019 Commerce Objective / Multiple Choice
Question 20 POST_UTME_EKSU • 2019 • COMMERCE • objective

A firm has a policy of paying a 10% dividend on its shares. If the firm has 1,000 shares outstanding, and the par value of each share is ₦100, what is the total dividend payment?

Answer Options

Correct Answer A. ₦10,000
B. ₦9,000
C. ₦11,000
D. ₦12,000
Correct Answer
A
Correct Option:
₦10,000

About This Question

This is Post Utme Eksu 2019 Commerce Question 20. It is one of the objective questions from the 2019 Post Utme Eksu Commerce examination.

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