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

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
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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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