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I have most of this im having trouble with the third entry 2015 Jan 2 Purchased 24700 shares of Grecco Co common stock for $420000 cash plus a brokers fee of $4200 cash Grecco has 65000 share

I have most of this im having trouble with the third entry

2015 Jan. 2 Purchased 24,700 shares of Grecco Co. common stock for $420,000 cash plus a broker’s fee of $4,200 cash. Grecco has 65,000 shares of common stock outstanding and its policies will be significantly influenced by Kodax. Sept. 1 Grecco declared and paid a cash dividend of $2.70 per share. Dec. 31 Grecco announced that net income for the year is $504,900. 2016 June 1 Grecco declared and paid a cash dividend of $3.30 per share. Dec. 31 Grecco announced that net income for the year is $730,400. Dec. 31 Kodax sold 9,000 shares of Grecco for $380,000 cash.

 

Apr 03 2020 View more View Less

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