Use the following information to answer the given questio...
Use the following information to answer the given question
₦ordinary shares of ₦1 each500,0008% preference shares of ₦1 each200,000Interim dividends paid- ordinary shares40,000-preference shares12,000profit for the year100,000
The dividend per ordinary shares for the year is
₦0.88 kobo
₦0.40 kobo
₦0.20 kobo
₦0.17 kobo
Correct answer is B
No explanation has been provided for this answer.
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