Pangan Corp. acquired 4,000 shares of Agustin, Inc. ordinary shares on Oct. 20, 2017 for P 660,000. On Nov. 30, 2019, Agustin distributed a 10% ordinary share dividend when the market price of the stock was P 250 per share. On Dec. 20, 2019, Pangan sold 400 shares of its Agustin stock for P 106,000. For the year ended Dec. 31, 2019, how much should Pangan report as dividend revenues?   P – 0 – P 106,000

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A:  

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A:

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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.