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I. A property holdings declared a 9 3/4% dividend on a stock with a par value of P500.00. If Ms. Kay owns 2,500 shares of stock and she received a dividend of P853,120.00. II. P10,000.00 is the amount of the semi-annual coupon for a bond with a face value of P250,000.00 that pays 8%, payable semi-annually for its coupons.

I. A property holdings declared a 9 3/4% dividend on a stock with a par value of P500.00. If Ms. Kay owns 2,500 shares of stock and she received a dividend of P853,120.00. II. P10,000.00 is the amount of the semi-annual coupon for a bond with a face value of P250,000.00 that pays 8%, payable semi-annually for its coupons.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Given the two statements below, determine their truth values. I. A property holdings declared a 9 3/4% dividend on a stock with a par value of P500.00. If Ms. Kay owns 2,500 shares of stock and she received a dividend of P853,120.00. II. P10,000.00 is the amount of the semi-annual coupon for a bond with a face value of P250,000.00 that pays 8%, payable semi-annually for its coupons. Select one: a. statement I is TRUE and statement II is FALSE b. statement I is FALSE and statement Il is TRUE c. both statements are TRUE O d. both statements are FALSE
Transcribed Image Text:Given the two statements below, determine their truth values. I. A property holdings declared a 9 3/4% dividend on a stock with a par value of P500.00. If Ms. Kay owns 2,500 shares of stock and she received a dividend of P853,120.00. II. P10,000.00 is the amount of the semi-annual coupon for a bond with a face value of P250,000.00 that pays 8%, payable semi-annually for its coupons. Select one: a. statement I is TRUE and statement II is FALSE b. statement I is FALSE and statement Il is TRUE c. both statements are TRUE O d. both statements are FALSE
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