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the 3 companies are under Armour Nike and addidas. you can use yahoo finance or annual return or any website to find the information for
the 3 companies are under Armour Nike and addidas. you can use yahoo finance or annual return or any website to find the information for 2020
66 67 2020 (step 3) Investment Dividend per Share 68 1 69 2 3 70 71 22 73 2020 (step 4) 74 Classification (Avaliable for Sale or Trading) Investment Stock Symbol Share Price Number of Shares Cost FMV Unrealized Gain/Loss 75 76 1 2 3 72 28. 79 Total On 81 Prior Year Unrealized Gain/Loss 12 83 Fair Value Adjustment a5 86 2020 Journal Entries 87 88 ag 90 91 92 93 94 95 96 97 98 99 100 101 102 2021 (step 5) Investment Sold (Yes or No) Selling Price 103 1 2 104 105 3 106 107 108 109 110 2021 (Step 6) Investment Stock Symbol Purchase Price Shares 500 (6/30/2019) 111 112 3. Declare a dividend for each company in the portfolio to be paid in 2020 a. Indicate next to each stock the dividend per share (anything from $.50 per share up to $10 per share) 4. Record the change in fair value market for December 31, 2020 a. Remake the company's portfolio summary b. Record the journal entry to record the change in fair market value C. Record the journal entry for the dividend indicated in step 3. 5. Indicate one stock that will be sold and indicate the selling price (you can make up the selling price per unit) note all stocks of that investment will be sold. This stock will be sold in 2021 6. Add one stock to the portfolio by looking up the fair market value as of 6/30/2021, assume you purchased 500 stocks. This needs to be a new company not 1 of the three originally purchased in step 1. 7. Record the change in fair value market for October 15, 2021 a. Remake the company's portfolio summary b. Record the journal entries required to record the 2021 activity, including purchase, sale and change in fair market value 66 67 2020 (step 3) Investment Dividend per Share 68 1 69 2 3 70 71 22 73 2020 (step 4) 74 Classification (Avaliable for Sale or Trading) Investment Stock Symbol Share Price Number of Shares Cost FMV Unrealized Gain/Loss 75 76 1 2 3 72 28. 79 Total On 81 Prior Year Unrealized Gain/Loss 12 83 Fair Value Adjustment a5 86 2020 Journal Entries 87 88 ag 90 91 92 93 94 95 96 97 98 99 100 101 102 2021 (step 5) Investment Sold (Yes or No) Selling Price 103 1 2 104 105 3 106 107 108 109 110 2021 (Step 6) Investment Stock Symbol Purchase Price Shares 500 (6/30/2019) 111 112 3. Declare a dividend for each company in the portfolio to be paid in 2020 a. Indicate next to each stock the dividend per share (anything from $.50 per share up to $10 per share) 4. Record the change in fair value market for December 31, 2020 a. Remake the company's portfolio summary b. Record the journal entry to record the change in fair market value C. Record the journal entry for the dividend indicated in step 3. 5. Indicate one stock that will be sold and indicate the selling price (you can make up the selling price per unit) note all stocks of that investment will be sold. This stock will be sold in 2021 6. Add one stock to the portfolio by looking up the fair market value as of 6/30/2021, assume you purchased 500 stocks. This needs to be a new company not 1 of the three originally purchased in step 1. 7. Record the change in fair value market for October 15, 2021 a. Remake the company's portfolio summary b. Record the journal entries required to record the 2021 activity, including purchase, sale and change in fair market valueStep by Step Solution
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