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How much is considered legal capital of dd

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Question 1: DD Company issues 6,000 shares of its P5 par value ordinary shares having a market value of P25 per share and 9,000 shares of its P15 par value preference shares having a fair value of P20 per share for a total amount of P330,000. Base on the issuances, how much is considered legal capital of DD?

Reference no: EM132901147

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