Tale LTd. has 100,000 ordinary shares of ₦1 each and 60,000 5% preference shares of ₦1 each. Both were fully paid as shown below,
The dividend payable to preference shareholders is
A ₦9,000
B ₦6,000
C ₦3,000
D ₦2,400
Answer is C
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Tale LTd. has 100,000 ordinary shares of ₦1 each and 60,000 5% preference shares of ₦1 each. Both were fully paid as shown below,
The dividend payable to preference shareholders is
A ₦9,000
B ₦6,000
C ₦3,000
D ₦2,400
Answer is C
