To understand and solve the given problem.

LOU_Module 9-PREC11-ACTG2 Accessibility Mode Module 9 Retained Earnings RE TEACH, TO PREC11-ACTG2 Accounting 2 Units: 3 Page | NAME: SECTION: PERFORMANCE TASK Q9-9.1.1 PERFORMANCE TASK TITLE: Shares and Dividends PERFORMANCE OBJECTIVE: To understand and solve the given problem. TOOLS AND EQUIPMENT: paper, pen, and calculator PROCEDURE: Solve the following problems 1. Michael buys shares of face value P50 of a company which pays 10% dividend. At what price did he buy each share from the market if his profit is 16% on his investment? 2. Jackson buys a P40 shares in a company, which pays 10% dividend. Jackson buys the share at such a price that his profit is 16% on his investment. At what price did Jackson buy the share? 3. Robert bought shares of 6% P100 shares at P120. Adrian bought shares of 8% P20 shares at P30. Whose investment was better? PRECAUTIONS: check the proper computation ASSESSMENT METHOD: PERFORMANCE TASK CRITERIA CHECKLIST O