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wasting asset, at Cost 40,U00,DUO Accumulated depletion 15.000,000 Capital liquidated 5,000.000 Retained Earnings 10.000,000 Depletion based on 100,000 units extracted at P30 per unit 3,000.000
wasting asset, at Cost 40,U00,DUO Accumulated depletion 15.000,000 Capital liquidated 5,000.000 Retained Earnings 10.000,000 Depletion based on 100,000 units extracted at P30 per unit 3,000.000 Inventory of resource deposit (20,000 units) 2,000,000 What is the maximum dividend that can be declared on December 31, 2013
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Equity Asset Valuation
Authors: Jerald E. Pinto, Elaine Henry, Thomas R. Robinson, John D. Stowe, Abby Cohen
2nd Edition
470571439, 470571438, 9781118364123 , 978-0470571439
