How much would amber receive as total dividends

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Problem 1: Amber Corporation invested in 120,000 shares of Kaeya Corporation. It costed Amber a total cash outflow of 1,800,000. Kaeya Corporation subsequently announce a 1:3 share split down and a cash dividend of 0.26 per share. How much would Amber receive as total dividends? Show journal entry and solution.

Reference no: EM132807324

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