A Company Issued 100,000, Fully Paid, 5% Preference Shares Priced

question 38

Multiple Choice

A company issued 100,000, fully paid, 5% preference shares priced at $2 each. The dividend to be paid on the shares for a financial year is:

• A) $20,000
• B) $5,000
• C) $15,000
• D) $10,000

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Definitions:

Financially Self-Sufficient

The ability to support oneself without external financial assistance.

Impression Management

The process by which individuals attempt to control the perceptions others form of them, particularly in social and organizational contexts.

Self-Confidence

The belief in one's own abilities, skills, and worth.

Networking

The process of engaging with people to share information and build professional or personal connections.