The book value of the assets as at 31/12/86 was
N3,731,250.00
N2,487,500.00
N1,268,750.00
N1,020,000. 00
Correct answer is A
No explanation has been provided for this answer.
Accumulated depreciation on the asset as at 31/12/81 was
N2,487,500.00
N2,736,250.00
N4,511,192.00
N4,975,000.00
Correct answer is B
No explanation has been provided for this answer.
N2,530
N2,680
N2,830
N2,980
Correct answer is B
No explanation has been provided for this answer.
If a 10% dividend is approved, what is the dividend payable to ordinary shareholders?
N13,000
N11,300
N10,000
N8,000
Correct answer is D
No explanation has been provided for this answer.
N133,000
N120,000
N113,000
N100,000
Correct answer is A
No explanation has been provided for this answer.
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