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

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter15: Dividend Policy

Section: Chapter Questions

Problem 5P

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