Question
june 7 received dividends from allen corp. at the rate of $2.90 pershare aug 14 sold the remaining young inc. shares at $31.90 nov 28.
june 7 received dividends from allen corp. at the rate of $2.90 pershare aug 14 sold the remaining young inc. shares at $31.90 nov 28. purchased a5% ownership in Davis corp. by acqiring 10400 common shares at a total of $ 92560 Johnson inc. will sell these shares ij six to nine months dec 30 solf 10400 shares of Xavier corpn for $ 166400 dec 31 allen corp. announced a net progit of $ 282000 for the year
the fair value adjustments wew recorded on dec 31 2019 johnson had no other debt and equity investments at dec e1 2019 2020 jan17 sold 940 common share of young inc. for $ 45600 johnson. inc. planned to hold these shares for less than one year mar e purchased 5400 common share of allen corp. for $324000 . the shares represent a 30% ownerdhip in allen corp
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