Question
You bought 194 shares of ABC Inc. on 15 July. On 20 July, you bought another 103 shares and then on 22 July you bought
You bought 194 shares of ABC Inc. on 15 July. On 20 July, you bought another 103 shares and then on 22 July you bought your final 204 shares of ABC. The company had a 3 for 2 bonus issue on 5 July to holders of record on Friday, 23 July. Using the US method for benefits and the divide, round down and multiply rule, how many bonus shares will you receive on 31 July?
0
144
147
149
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Fundamental Accounting Principles
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
20th Edition
1259157148, 78110874, 9780077616212, 978-1259157141, 77616219, 978-0078110870
