Solved

If a Dividend of 10c Per Share Is Declared How

Question 8

Multiple Choice

If a dividend of 10c per share is declared how much will a shareholder who owns 1000 shares receive if the shares were issued for $2 each and are currently selling on the stock market at $5.40 each?


A) $100
B) $200
C) $540
D) $1000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q3: When a newly established company issues shares

Q4: Under current accounting standards share issue expenses

Q5: Shares which have preferential treatment over ordinary

Q6: The Current Tax Liability and Final Dividend

Q9: Which of these is <u>not</u> a reason

Q10: How many of these statements are true?

Q11: The primary purpose of a share split

Q12: Malaysia Company Ltd decided to issue 200

Q13: When a company is incorporated ASIC issues

Q61: Which class of preference shares have the