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13 1.00 If RE on 1/1 for Pis 370000 JD and for S is 100000 JD, consolidated net income is 78000 JD and dividends declared

13 1.00 If RE on 1/1 for Pis 370000 JD and for S is 100000 JD, consolidated net income is 78000 JD and dividends declared by P is 20000 JD and dividends declared by S is 10000 JD. Compute consolidated RE on 31/12 ownership is 90% 14 1.00

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