Question
On July 28th 2019, Berkshire Hathaway bought 750,000 shares of Brooks Running Shoes stock for $40 per share. Brooks Net Income for the year was
On July 28th 2019, Berkshire Hathaway bought 750,000 shares of Brooks Running Shoes stock for $40 per share. Brooks Net Income for the year was $1.3 million. Berkshire received dividend payments of $150,000 each on September 30th, and December 31st. At December 31st (year-end) the stock was worth $42 per share.
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Accounting For Beginners Learn Easy And Fast Accounting Principles
Authors: Dan Wilson
1st Edition
1700199900, 978-1700199904
