At what amount are the stock rights received recognized

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Question - Indigo Room Co. received 20,000 stock rights to subscribe for new shares at P45 per share for every 5 rights held. At what amount are the stock rights received recognized under each of the following scenarios? Scenario A- The Investee's shares are quoted at P75 per share prior to the Issuance of the stock rights.

Reference no: EM133067325

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