The following information is taken from the financial statements of Cyrus Ltd for the year ended 30 June 2016.
- What were the total dividends paid during the year?
A) $250 000
B) $460 000
C) $480 000
D) $230 000

Question

The following information is taken from the financial statements of Cyrus Ltd for the year ended 30 June 2016. 
- What were the total dividends paid during the year?
A) $250 000 
B) $460 000 
C) $480 000 
D) $230 000

Quizplus · Accepted Answer

The total dividends paid during the year can be found by adding the interim dividend of $200,000 and the final dividend of $280,000, which equals $480,000. Therefore, option C is the correct answer.

The Following Information Is Taken from the Financial Statements of Cyrus