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What amount should be reported as dividends

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Problem 1: DETECTIVE CONAN Company had 200,000 ordinary shares outstanding on January 1, 2016. On March 15, 2016, the entity declared a 2 for 1 share split when the fair value of a share was P80. On December 15, 2016, the entity declared a P5 per share cash dividend. In the statement of changes in equity, what amount should be reported as dividends?

Reference no: EM132837845

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