When the proposed dividend is more than 20 %, an amount equal to ‐� – McqOptions

MCQOPTIONS

1.	When the proposed dividend is more than 20 %, an amount equal to ‐‐‐‐‐‐‐‐‐‐‐ of the current profitsmust be transferred to reserve.
A.	5%
B.	7.5%
C.	2.5%
D.	10%
Answer» E.

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