Use the following information to answer the given question

$\begin{array}{c|c} & ₦\\ \hline \text{ordinary shares of ₦1 each} & 500,000\\ \text{8% preference shares of ₦1 each} & 200,000\\ \text{Interim dividends paid} & \\ \text{- ordinary shares} & 40,000\\ \text{-preference shares} & 12,000\\ \text{profit for the year} & 100,000\end{array}$

The dividend per ordinary shares for the year is

Similar Questions

The amount allowed off the cost price of an article to stimulate patronage is ...

Use the following to answer the given question \(\begin{array}{c|c} & N \\ \hline \text{Sto...

Which of the following terms describes the provision made for the loss in the value of an asset that...

A credit purchase of N200 from P. Osae was posted to the account of P. Osei. This is an error of&nbs...

Accounts can be classified into ...

Outstanding rent of N300 is paid by the proprietor. The effect on the balance sheet is that ...

In manufacturing, depreciation of office machine is charged to ...

An item that would be classified as preliminary expenses in a company's account is ...

A machine cost N12,000 and has a useful life of 4 years and an expected disposal value of N400.Using...

A financial plan of action expressed in monetary terms is known as ...