by: Admin_LouisPosted on: If no profit is to be retained, proposed preference shares dividend is Use the following information to answer the given questionIf no profit is to be retained, proposed preference shares dividend isA ₦28,000B ₦16,000C ₦12,000D ₦4,000Answer is B Share this:TwitterFacebookLike this:Like Loading... Related posts:The art of collecting, recording, presenting and interpreting accounting data isThe dividend per ordinary shares for the year isProfit for the year before 5% interest on capital was D18,000. Ebima’s share wasCost of raw materials consumed is