ABC Ltd has declared 40 dividend Which one of the following does it mean ........

Miscellaneous Previous Year Papers

ABC Ltd. has declared 40% dividend. Which one of the following does it mean?

The company has declared 40% of net profit as dividend.

The company has declared 40% of profits after tax as dividend.

The company will provide dividend 40% on issued capital.

The company will provide dividend 40% on paid-up capital.

The company will provide dividend 40% on paid-up capital.

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