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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The Answer of 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

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