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Commerce · Q1031

Accounting

Graduate and Post Graduate · Commerce · question 1031

Q1031

ABC Ltd has declared 40% dividend. What does it mean?

A.
The company has declared 40% of net profit as a dividend
B.
The company has declared 40% of profits after tax as a dividend
C.
The company will provide a 40% dividend on issued capital
D.
The company will provide a 40% dividend on paid-up capital
Answer

Answer: Option D

Solution

Answer: Option D
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