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Find what is the amount of revenue realized from the sale

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Reference no: EM132759573

Problem 1: A corporation purchased 1,000 shares of its ?5 par ordinary shares at ?10 and subsequently sold 500 of the shares at ?20. What is the amount of revenue realized from the sale?

a. ?2,500
b. ?0.00
c. ?10,000
d. ?5,000

Reference no: EM132759573

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