Africa Exams
Where Preparation Meets Success
Home
Botswana
Botswana PSLE Papers
Botswana JCE Papers
Botswana BGCSE Papers
Ghana
Ghana BECE Exams
Kenya
Kenya KCPE Papers
Kenya KCSE Papers
Kenya KASNEB Papers
Nigeria
WAEC Exams
JAMB Exams
Rwanda
Rwanda Primary Papers
Rwanda Secondary Papers
Uganda
Uganda PLE Papers
Uganda UCE Papers
Uganda UACE Papers
Certifications
Technical
Cloud Tech Certifications
Security Tech Certifications
Management
IT Infrastructure
More
About
Contact Us
Our Apps
Privacy
+
-
Test Index
WAEC Accounting 2019 Paper
Show Para
Hide Para
Share question:
© africaexams.com
Question : 14
Total: 45
The directors of Olu Ltd. recommended a dividend of 10% on 1,000,000 ordinary share capital of N2.00 each. The amount of dividend declared is
N200,000
N100,000
N20,000
N10,000
Validate
Solution:
value of shares N2 x 1,000,000 shares
= N2,000,000
10% =
10
100
x 2,000,000 = 200,000
© africaexams.com
Go to Question:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
Prev Question
Next Question
