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    Exam 15: Companies: Effects on Retained Earnings, Share Splits and Buy-Backs, and the Income Statement
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    Apira Has 2 ,000 Shares of Ordinary Share Issued
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Apira Has 2 ,000 Shares of Ordinary Share Issued

Question 29

Question 29

Multiple Choice

Apira has 2 ,000 shares of ordinary share issued. A shareholder has 100 shares. If Apira distributes a 20% share dividend, how many shares of Apira will the shareholder have?


A) 20
B) 100
C) 105
D) 120

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