PT X has nominal preference shares of Rp. 1 billion, 6%. PT X's profit during the year was Rp. 200 million, so the dividend for preferred shareholders is: a. IDR 60 million b. IDR 72 million C. IDR 12 million d. All wrong answers e. The amount is determined at the general meeting of shareholders

PT X has nominal preference shares of Rp. 1 billion, 6%. PT X's profit during the year was Rp. 200 million, so the dividend for preferred shareholders is: a. IDR 60 million b. IDR 72 million C. IDR 12 million d. All wrong answers e. The amount is determined at the general meeting of shareholders

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 54E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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PT X has nominal preference shares of Rp. 1
billion, 6%. PT X's profit during the year was Rp.
200 million, so the dividend for preferred
shareholders
is:
a.
IDR 60 million
b.
IDR 72 million
C.
IDR 12 million
d.
All wrong answers
e.
The amount is determined at the general
meeting of shareholders

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