Post Utme Esut 2022 Commerce Question 14

Practice objective / multiple choice question 14 from the 2022 Post Utme Esut Commerce examination.

Post Utme Esut 2022 Commerce Objective / Multiple Choice
Question 14 POST_UTME_ESUT • 2022 • COMMERCE • objective

A company has a 20% dividend payout ratio. If the company's net income is ₦1,000,000, what is the amount of dividend paid to shareholders?

Answer Options

Correct Answer A. ₦200,000
B. ₦150,000
C. ₦250,000
D. ₦300,000
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Esut 2022 Commerce Question 14. It is one of the objective questions from the 2022 Post Utme Esut Commerce examination.

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