Accounting 9706 · AS & A Level · Analysis and communication of accounting information

Analysis and communication of accounting information — practice question

A company has a bank balance of $20000. The company’s equity and reserves are shown. The directors want to pay the maximum dividend possible. What amount of the bank balance will be needed to pay the dividend?

  • A$3000
  • B$5000
  • C$8000
  • D$20000

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