XYZ Company has issued 100,000 ordinary shares. The par value of each share is 0.500baisa. Its profits after taxation for the year 2019 were OMR80,000. The directors have declared OMR 20,000 as ordinary dividend. The amount of ordinary dividend per share will be a. 0.400 baisa b. 0.250 baisa c. 0.200 baisa d. 0.700 baisa
XYZ Company has issued 100,000 ordinary shares. The par value of each share is 0.500baisa. Its profits after taxation for the year 2019 were OMR80,000. The directors have declared OMR 20,000 as ordinary dividend. The amount of ordinary dividend per share will be a. 0.400 baisa b. 0.250 baisa c. 0.200 baisa d. 0.700 baisa
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 8MC: Hyde Corporations capital structure at December 31, 2018, was as follows: On July 2, 2019, Hyde...
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XYZ Company has issued 100,000 ordinary shares. The par value of each share is 0.500baisa. Its profits after taxation for the year 2019 were OMR80,000. The directors have declared OMR 20,000 as ordinary dividend. The amount of ordinary dividend per share will be
a.
0.400 baisa
b.
0.250 baisa
c.
0.200 baisa
d.
0.700 baisa
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