Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / The financial year of Al Muscat corporation ends on 31 December every year

The financial year of Al Muscat corporation ends on 31 December every year

Accounting

The financial year of Al Muscat corporation ends on 31 December every year. The company has issued fully paid up 300,000 Ordinary shares of OMR 1.500 each. On 1 July 2019, the directors declared an interim dividend of 3% on its ordinary shares which was paid on 5th July 2020. Calculate the amount of interim dividend.

a.

OMR 300,000

b.

OMR 13,500

c.

OMR9000

d.

OMR 450,000

Option 1

Low Cost Option
Download this past answer in few clicks

2.89 USD

PURCHASE SOLUTION

Already member?


Option 2

Custom new solution created by our subject matter experts

GET A QUOTE