Study questions platform-wide or filter by specific tests with correct answers revealed.
Draft statement of financial position: Ordinary share capital $900,000; Share premium $80,000; General reserve $96,000; Retained earnings (opening) $230,000; Profit for year $145,000. What is the maximum dividend the company can declare?
Option C ($471,000) is correct.
Dividends can only be paid from distributable (revenue) reserves:
- Retained earnings: $230,000
- Profit for year: $145,000
- General reserve: $96,000
Total = $471,000
Share premium ($80,000) is a capital reserve — not distributable.
A projectile is fired at $45°$ to the horizontal. The elevation angle of the projectile at its highest point, as seen from the point of projection, is:
At max height $H = \dfrac{u^2}{4g}$; horizontal distance $= \dfrac{R}{2} = \dfrac{u^2}{2g}$
Elevation angle: $\tan\phi = \dfrac{H}{R/2} = \dfrac{u^2/(4g)}{u^2/(2g)} = \dfrac{1}{2}$
$\phi = \mathbf{\tan^{-1}\!\left(\dfrac{1}{2}\right)}$
Sign in to join the conversation and share your thoughts.
Log In to Comment