Question

5. A company declares 8 percent dividend to the
share holders. If a man receives * 2,840 as his
dividend, find the nominal value of his shares.
the re
investn
Cine v​

Answer 1

Answer:

Let the nominal value of shares be

′

x

′

.

ATP,

8% of x=2840

⇒

100

8

×x=2840

⇒x=

8

2840×100

=3,55,00.

Hence, Normal Value =Rs.35,500.

Step-by-step explanation:

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