dividend
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Free InquiryThe Balance sheet at 31/12/2015 of Orange Ltd contained the following information
· Retained Earnings: 1/1/2015: £123 million
· Retained Earnings at 31/12/2015: £197 million
· Revaluation reserve 1/1/2015: £69 million
· Revaluation reserve 31/12/2015: £69 million
Net income in 2015 was £134 million. How much dividend was paid?
a. £63 million
b. £60 million
c. £73 million
d. £134 million
e. £257 million
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