Accounting for Stock Rights On January 2, 2021, KAPIT Company purchased 5,000 shares of P100 par value ordinary shares at P110  per share of SAKANYA Company. On March 2, 2021, SAKANYA Company issued stock rights to its  shareholders. The holder needs four rights to purchase one share of common stock at par. The market value  of the stock on that date was P140 per share. There was no quoted price for the rights.   Compute for the theoretical value of the rights assuming:  The stock is selling right-on  The stock is selling ex-right

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.