Ziegler Corporation purchased 25,000 ordinary shares of Sherman Corporation for P40 per share on January 2, 2015. Sherman Corporation had 100,000 ordinary shares outstanding during 2016, paid cash dividends of P60,000 during 2016, and reported net income of P200,000 for 2016. Ziegler Corporation should report revenue from investment for 2016 in the amount of     P15,000 P35,000 P50,000

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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.