Use the Following Information to Calculate the "Net Income Available

question 55

Multiple Choice

Use the following information to calculate the "net income available to ordinary shareholders": $\begin{array}{|l|r|}\hline \text { Net income } & 2,000,000 \\\hline \text { Dividends on cumulative preferred shares } & 40,000 \\\hline \text { Dividends on non-cumulative preferred shares } & 100,000 \\\hline \text { Dividends declared in 2013: } & \\\text { - Common shares } & 50,000 \\\text { - Cumulative preferred shares } & 80,000 \\\text { - Non-cumulative preferred shares } & 100,000 \\\hline \text { Dividends paid in 2013: } & \\\text { - Common shares } &30,000 \\\text { - Cumulative preferred shares } & 50,000 \\\text { - Non-cumulative preferred shares } &0\\\hline\end{array}$

• A)$1,820,000
• B)$1,860,000
• C)$1,950,000
• D)$1,960,000

Recognize the role of work processes in organizational operations.

Apply knowledge in creating detailed job descriptions for new employees.

Distinguish between job description, job specification, and other HR documents.

Appreciate the significance of competent organizational structure and its impact on decision-making.

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Definitions:

Blu-ray Players

Devices designed to play Blu-ray discs, which are used for storing and viewing high-definition video and data.

Trade Discount

A reduction on the list price granted by a seller to a buyer based on the volume of the transaction or the buyer's trade status.

Power Saw

A mechanical tool used for cutting through materials like wood, metal, or plastic with a sharp, toothed blade that moves rapidly.

Net Price

The price of a good or service after all discounts, rebates, and allowances have been subtracted from the gross price.