HoHo plc have Authorised share capital of 10 million $10 shares, all issued and 1 million $10 preference shares. The dir

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HoHo plc have Authorised share capital of 10 million $10 shares,
all issued and 1 million $10
preference shares. The directors propose a 50c ordinary dividend
and a $1 preference
dividend. This will cost the business
A $11,000,000
B $1,100,000
C $6,000,000
D $600,000
7 Toto plc have Authorised share capital of 5 million $2 shares,
and a loan of $5 million at 5%
interest. A 20c dividend is proposed, and interest is paid
annually. How much will this cost the
business at year end?
A $1,000,000
B $2,250,000
C $1,250,000
D $250,000