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A5sessing Financial Statement Effects Investments On January 1. Ball Corporation purchased shares of Leftwich Company common stock. (1) Ball purchased 10,000 common shares of Leftwich
A5sessing Financial Statement Effects Investments On January 1. Ball Corporation purchased shares of Leftwich Company common stock. (1) Ball purchased 10,000 common shares of Leftwich at $15 cash per share. 2) Lefrwich reported annual ner incame of $40,000. (3) Ball received a cash dividend of 51,20 per common share from Leftwich. (4) Year end market price of Leftwich comman stock is $19 per share. Use negative signs with your answers, when appropriate. template to record the follnwing cransartions: (1) Ball purchased 10,000 common shares of Leftwich at $15 cash per share. (2) Leftwich reported annual net income of 540,000 . (3) Ball received a cash dividend of 51.20 per common share from Leftwith. (4) Year-end markel price ul Leflwich commun slock is $19 per share
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