Post Utme Unilorin 2021 Commerce Question 10

Practice objective / multiple choice question 10 from the 2021 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2021 Commerce Objective / Multiple Choice
Question 10 POST_UTME_UNILORIN • 2021 • COMMERCE • objective

A company's financial statements show a net profit of ₦300,000 and a dividend payout ratio of 40%. What is the amount of dividend paid to shareholders?

Answer Options

A. ₦120,000
Correct Answer B. ₦150,000
C. ₦180,000
D. ₦200,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Unilorin 2021 Commerce Question 10. It is one of the objective questions from the 2021 Post Utme Unilorin Commerce examination.

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