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A dividend of P3 060000 is to be distributed among three shareholders in the ratio of shares held. If the three shareholders have nine shares,
A dividend of P3 060000 is to be distributed among three shareholders in the ratio of shares held. If the three shareholders have nine shares, two shares and one share respectively, how much does each receive? [ 6 marks]
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Principles of Accounting
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
12th edition
978-1133603054, 113362698X, 9781285607047, 113360305X, 978-1133626985
