Post Utme Unilag 2021 Commerce Question 42

Practice objective / multiple choice question 42 from the 2021 Post Utme Unilag Commerce examination.

Post Utme Unilag 2021 Commerce Objective / Multiple Choice
Question 42 POST_UTME_UNILAG • 2021 • COMMERCE • objective

A company has a policy of paying dividends quarterly. If the company declares a dividend of ₦0.25 per share on 1st April and ₦0.50 per share on 1st October, and the company has 50,000 shares outstanding, what is the total dividend paid to shareholders in a year?

Answer Options

A. ₦12,500
B. ₦15,000
Correct Answer C. ₦17,500
D. ₦20,000
Correct Answer
C
Correct Option:
₦17,500

About This Question

This is Post Utme Unilag 2021 Commerce Question 42. It is one of the objective questions from the 2021 Post Utme Unilag Commerce examination.

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