please help me answer this problem. With a clear proper format. Thank youuu! On January 1, 2021, Trade Company purchased 40,000 shares at P 100 per share to be held for trading . Brokerage fees amounted to P 120,000. No other transactions occurred in 2021 affecting the investment. What is the initial measurement of the investment? a. P 4,120,000 b. P 4,000,000 c. P 3,920,000 d. P 3,800,000

please help me answer this problem. With a clear proper format. Thank youuu! On January 1, 2021, Trade Company purchased 40,000 shares at P 100 per share to be held for trading . Brokerage fees amounted to P 120,000. No other transactions occurred in 2021 affecting the investment. What is the initial measurement of the investment? a. P 4,120,000 b. P 4,000,000 c. P 3,920,000 d. P 3,800,000

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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O b. Equity. O c. Fixed income payments. O d. Security. Clear my choice Zinedine Zidane purchased 100 shares of Real Madrid common stock at $40 per share. Assume that the initial margin is 55% and the maintenance margin equals 25%. At which of these prices will Zidane face a margin call? O a. $29.3 Ob. $40 Q C. $24 O d. $15 近

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III. DIRECTION: 1. Prepare the Statement of changes in equity with the accounts given below using your surname as your company name for the period ended December 31, 2019 Capital beginning Additional Investment Drawing Net Profit Capital beginning Additional Investment Drawings (Net Loss) Php150,000.00 Php50,000.00 Php 78,000.00 Php120,000.00 Php 75,000.00 Php25,000.00 Php15,000.00 Php20,000.00)
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