Question: This comment appeared in the annual report of Christensen Inc
This comment appeared in the annual report of Christensen Inc.: “The Company could pay cash or property dividends on the Class A ordinary shares without paying cash or property dividends on the Class B ordinary shares. But if the Company pays any cash or property dividends on the Class B ordinary shares, it would be required to pay at least the same dividend on the Class A ordinary shares.” How is a property dividend accounted for in the financial records?
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