Mr. Benjamin salgado invested his savings to salgado and delgado construction corporation amounting to php500,000 in cash and equipment worth php250,000.00

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05-06-2021
Business

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Mr. Benjamin salgado invested his savings to salgado and delgado construction corporation amounting to php500,000 in cash and equipment worth php250,000.00

Sagot :

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Munali Munali · Answer 1 · 2021-06-07T01:49:28-04:00

Answer:

Mr. Benjamin has invested total php 750,000 in Salgado and Delgado construction corporation.

Explanation:

The investment made by Mr. Benjamin in cash and as an equipment both will be considered as investment made in the company. The percentage of stake will be calculated by considering both forms of investments. Mr. Benjamin will have controlling stake in Salgado and Delgado corporation. The company can receive dividends according to percentage of stake declared by the company.

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