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(5 Questions) Red Co. owned 50,000 shares of another Blue Co.. These 50,000 shares were originally purchased for P100 per share. The investee distributed 50,000

(5 Questions) Red Co. owned 50,000 shares of another Blue Co.. These 50,000 shares were originally purchased for P100 per share. The investee distributed 50,000 rights to Red Co.. Red Co. was entitled...

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