Post Utme Redeemers University 2024 Commerce Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2024 Commerce Objective / Multiple Choice
Question 10 POST_UTME_REDEEMERS_UNIVERSITY • 2024 • COMMERCE • objective

A company's dividend payout ratio is 40%. If the company's net income is ₦1,000,000, what is the company's dividend payment?

Answer Options

Correct Answer A. ₦400,000
B. ₦500,000
C. ₦600,000
D. ₦800,000
Correct Answer
A
Correct Option:
₦400,000

About This Question

This is Post Utme Redeemers University 2024 Commerce Question 10. It is one of the objective questions from the 2024 Post Utme Redeemers University Commerce examination.

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