
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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pls solve the two. pls

Transcribed Image Text:1. If the total value of a clothing company is P700 000, what would be the cost of each
share if they decide to split the business into 700 shares?
Solution and answer:
2. A group of four friends decided to invest in a new business venture. They
contributed P10 000 each. How much ownership does each have?
Solution and answer:
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