Post Utme Unilag 2021 Commerce Question 38

Practice objective / multiple choice question 38 from the 2021 Post Utme Unilag Commerce examination.

Post Utme Unilag 2021 Commerce Objective / Multiple Choice
Question 38 POST_UTME_UNILAG • 2021 • COMMERCE • objective

A company has a policy of paying dividends twice a year. If the company declares a dividend of ₦0.50 per share on 1st January and ₦0.75 per share on 1st July, and the company has 100,000 shares outstanding, what is the total dividend paid to shareholders in a year?

Answer Options

A. ₦75,000
B. ₦80,000
Correct Answer C. ₦85,000
D. ₦90,000
Correct Answer
C
Correct Option:
₦85,000

About This Question

This is Post Utme Unilag 2021 Commerce Question 38. It is one of the objective questions from the 2021 Post Utme Unilag Commerce examination.

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