Post Utme Oau 2023 Commerce Question 30

Practice objective / multiple choice question 30 from the 2023 Post Utme Oau Commerce examination.

Post Utme Oau 2023 Commerce Objective / Multiple Choice
Question 30 POST_UTME_OAU • 2023 • COMMERCE • objective

A company has a profit of ₦200,000 and a capital of ₦500,000. If the company distributes 20% of its profit as dividends, what is the amount of dividends paid to the shareholders?

Answer Options

Correct Answer A. ₦40,000
B. ₦20,000
C. ₦50,000
D. ₦30,000
Correct Answer
A
Correct Option:
₦40,000

About This Question

This is Post Utme Oau 2023 Commerce Question 30. It is one of the objective questions from the 2023 Post Utme Oau Commerce examination.

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