Question
the 3 companies are under armour nike and adidas you can use anual return from 2020 or yahoo finance. 3. Declare a dividend for each
the 3 companies are under armour nike and adidas you can use anual return from 2020 or yahoo finance.
3. Declare a dividend for each company in the portfolio to be paid in 2020
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
Remake the companys portfolio summary
Record the journal entry to record the change in fair market value
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.
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Accounting Information Systems A Practictioner Emphasis
Authors: Cynthia D. Heagy, Constance M. Lehmann
10th Edition
1891002821, 9781891002823
