Question
ABC Corporation invested in 120,000 shares of X Corporation. It costed ABC a total cash outflow of P1,800,000. X Corporation subsequently announced a 1:3 share
ABC Corporation invested in 120,000 shares of X Corporation. It costed ABC a total cash outflow of P1,800,000. X Corporation subsequently announced a 1:3 share split down and a cash dividend of P0.26 per share. How much would ABC receive as total dividends?
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Forensic Accounting And Fraud Investigation For Non-Experts
Authors: Stephen Pedneault, Frank Rudewicz, Howard Silverstone, Michael Sheetz
3rd Edition
0470879599, 9780470879597
