Post Utme Lasu 2018 Commerce Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Lasu Commerce examination.

Post Utme Lasu 2018 Commerce Objective / Multiple Choice
Question 33 POST_UTME_LASU • 2018 • COMMERCE • objective

A business has a policy of paying 10% of its profits as dividends. If the business made a profit of ₦500,000, how much will it pay as dividends?

Answer Options

A. ₦50,000
Correct Answer B. ₦100,000
C. ₦200,000
D. ₦500,000
Correct Answer
B
Correct Option:
₦100,000

About This Question

This is Post Utme Lasu 2018 Commerce Question 33. It is one of the objective questions from the 2018 Post Utme Lasu Commerce examination.

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