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JPG Corporation declared 2 1/4% dividend on stock with a par value of P810.00. Andro owns 110 shares. What is the amount of his dividend? Select one: O a. P18.23 O b. P2,004.75 O c. No answer d. P1,002.38 e. P1,822.50

JPG Corporation declared 2 1/4% dividend on stock with a par value of P810.00. Andro owns 110 shares. What is the amount of his dividend? Select one: O a. P18.23 O b. P2,004.75 O c. No answer d. P1,002.38 e. P1,822.50

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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JPG Corporation declared 2 1/4% dividend on stock with a par value of P810.00. Andro owns 110 shares. What is the amount of his dividend? Select one: O a. P18.23 b. P2,004.75 c. No answer d. P1,002.38 e. P1,822.50
Transcribed Image Text:JPG Corporation declared 2 1/4% dividend on stock with a par value of P810.00. Andro owns 110 shares. What is the amount of his dividend? Select one: O a. P18.23 b. P2,004.75 c. No answer d. P1,002.38 e. P1,822.50
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