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Question 40 Not yet answered Marked out of 1.00 Flag question MARINA Compony nas investment in shares of MALL Company which are deemed to be
Question 40 Not yet answered Marked out of 1.00 Flag question MARINA Compony nas investment in shares of MALL Company which are deemed to be non-trading (le, they are not held for trading purposes). The details of the shares are as follows: Amount 20.000 ordinary Shares Purchase Price: $60 each Purchase Date: 1 January 2020 on December 21 2020, the shares are valued at $70 each The shares pay a dividend of $700 per share WHAT IS THE IMPACT ON MARINAS 2020 COMPREHENSIVE INCOME OF ITS PURCHASE OF SHARES IN MALL? Select one: a. None of these answers b. Comprehensive income is $340,000 higher c. Comprehensive income is $320,000 higher d. Comprehensive income is $360,000 higher e. Comprehensive Income is $300,000 higher Previous page Finish attempt
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