Post Utme Pan Atlantic University 2020 Accounting Question 32

Practice objective / multiple choice question 32 from the 2020 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2020 Accounting Objective / Multiple Choice
Question 32 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2020 • ACCOUNTING • objective

A company has a profit of ₦1,000,000. If the company pays a dividend of 15% on its share capital, what is the amount of dividend paid?

Answer Options

A. ₦150,000
B. ₦160,000
Correct Answer C. ₦170,000
D. ₦180,000
Correct Answer
C
Correct Option:
₦170,000

About This Question

This is Post Utme Pan Atlantic University 2020 Accounting Question 32. It is one of the objective questions from the 2020 Post Utme Pan Atlantic University Accounting examination.

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