18 If RE on 1/1 for P is 170000 JD and for S is 100000 JD, consolidated net income is 58000 JD and dividends declared by P is 25000 JD and by S is 10000 JD. Compute consolidated RE on 31/12. ownership is 90%. Select one: a. 193000 b. 203000 c. 190000 d. 198000
18 If RE on 1/1 for P is 170000 JD and for S is 100000 JD, consolidated net income is 58000 JD and dividends declared by P is 25000 JD and by S is 10000 JD. Compute consolidated RE on 31/12. ownership is 90%. Select one: a. 193000 b. 203000 c. 190000 d. 198000
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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18
If RE on 1/1 for P is 170000 JD and for S is 100000 JD, consolidated net income is 58000 JD and dividends declared by P is 25000 JD and by S is 10000 JD. Compute consolidated RE on 31/12. ownership is 90%.
Select one:
a. 193000
b. 203000
c. 190000
d. 198000
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