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Accounting question 4.

Accounting question 4.

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8405114.xlsx

SOLUTION:
Calculation of Cost of Investment
Particulars Amount Purchase Cost
Broker's Fee $59,500.00
$1,000.00 Less: Dividends
2009 ($0.85 * 5,000)
2010 ($0.85 * 5,000) $4,250.00
$4,250.00 Add: Net...

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