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On January 1, 2013, Spike Company purchased 1,600 ordinary shares of Lee Company for P528,000. During the year, Lee paid a cash dividend of P13

On January 1, 2013, Spike Company purchased 1,600 ordinary shares of Lee Company for P528,000. During the year, Lee paid a cash dividend of P13 per share. On December 31, 2013, Lee shares were selling...

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