Post Utme Esut 2019 Accounting Question 38
Practice objective / multiple choice question 38 from the 2019 Post Utme Esut Accounting examination.
A company's profit and loss account for the year ended 31st December 2018 showed a net profit of ₦1,200,000. The company's balance sheet as at 31st December 2018 showed a capital of ₦1,500,000 and a reserve of ₦800,000. What is the amount of dividend declared per share if the company has 20,000 shares outstanding?
Answer Options
About This Question
This is Post Utme Esut 2019 Accounting Question 38. It is one of the objective questions from the 2019 Post Utme Esut Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.