ADVANCED ACCOUNTING
ADVANCED ACCOUNTING
12th Edition
ISBN: 9780357671221
Author: FISCHER
Publisher: CENGAGE L
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Chapter 5, Problem 8.3E
To determine

Introduction:lease agreement is a contract between the lessee and lessor. Lessor allows the lessee a right to use asset or property owned for a specific period of time. In exchange of it, lessor charges periodic payment from lessee.

To prepare: Elimination and adjustments for December 31, 2016.

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1. Dividend per share in a company Rs. 2, earning per share is Rs. 5 and the market value of the share is Rs. 25. What will be its yield? A. O 20% B. 12.5% C. 8% D. 25%
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