5. ABC Corp holds 1,000 shares of XYZ Corp.'s shares since 2010. The following are data available at Dec 31, 2020: Cost per share P3.00 Transaction cost per share (upon acquisition)  P1 Most recent transaction price per share P2 Transaction cost per share (current)  P.50 How much is the value of the investment at Dec 31, 2020?   2,000 2,500 3,000 4,000

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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5.

ABC Corp holds 1,000 shares of XYZ Corp.'s shares since 2010. The following are data available at Dec 31, 2020:

Cost per share P3.00

Transaction cost per share (upon acquisition)  P1

Most recent transaction price per share P2

Transaction cost per share (current)  P.50

How much is the value of the investment at Dec 31, 2020?

 

2,000

2,500

3,000

4,000

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