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Accounting Paper 1, November 2024, question 2.3.3

Accounting P1 · Analysis and interpretation
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Extract from the records of Ndlovu Traders Ltd: Interim dividends paid during the year: R522 000 Ordinary shares in issue at the start of the year: 1 500 000 Ordinary shares issued during the year: 300 000 Shares in issue at the end of the year: 1 800 000 The interim dividend was paid on the shares in issue at the end of the year, after the new shares had been issued.
2.3.33 marks
Calculate the interim dividend per share, in cents, for the year ended 31 August 2025.

NSCBased on Nov 2024 · Paper 1 · Q2.3.3

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What examiners found

Interim dividends per share were divided by the shares at the start or the end of the year when the number of shares had changed.

In our words. Source: Department of Basic Education, NSC 2024 Diagnostic Report, Part 1 (Book 1), Q2.3.

Updated