XLB plc has the following share capital details:
The directors of the company declare an ordinary dividend of 3% of nominal share value three-quarters of the way through the financial year ended 31 July 20X4.
What is the amount of the ordinary dividend payable by the company in the financial year ended 31 July 20X4?
A) £1406
B) £3750
C) £2812
D) £1875
Correct Answer:
Verified
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