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Use the information below to answer the following questions:
On 1 January 2012, Yu Ltd acquired 100 000 shares (30% of the voting interest) in Ping Ltd for $900 000 cash. On 30 June 2012, Ping Ltd announced its earnings per share for the first 6 months of 2012 at $2.00 per share. On 20 November, Ping Ltd paid dividends to shareholders at $1.20 per share. On 31 December 2012, Ping Ltd announced its earnings per share for 2008 at $3.50 per share (i.e., $1.50 additional since 30 June) .
-If Yu Ltd used the cost method,what dividend revenue would it record for the year ended 31 December 2012 in respect of its investment in Ping Ltd?
Scissors
A cutting instrument consisting of two blades joined so that they meet and cut materials placed between them.
Eccrine Glands
Sweat glands that are found throughout the body, producing a watery sweat that plays a crucial role in thermoregulation and cooling the body.
Apocrine Glands
Specialized sweat glands that produce a thick, milky secretion and are found in areas like the armpits and groin.
Stratum Corneum
The outermost layer of the epidermis, consisting of dead cells that help protect the skin from external elements.
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