Question
On April 1, 2021, UPS Co. declared and issued a 19% share dividend. Prior to this dividend, the entity had 100,000, P5 par value, ordinary
On April 1, 2021, UPS Co. declared and issued a 19% share dividend. Prior to this dividend, the entity had 100,000, P5 par value, ordinary shares issued and outstanding. The fair value of UPS Co.s ordinary share was P45 per share on April 1, 2021. As a result of this share dividend, the entitys Retained earnings will? Indicate whether INCREASE or DECREASE and by how much. Blank 1
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Finance For Non-Finance People
Authors: Sandeep Goel
2nd Edition
0367185083, 9780367185084
