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The following are investment activities for Koko Company. 1 ) On January 3 1 , 2 0 2 3 , Koko Company purchased a $
The following are investment activities for Koko Company.
On January Koko Company purchased a $year bond at par with interest paid annually on December Koko Company is planning to hold this investment until maturity.
On February Koko Company invested $ in Bast Company by purchasing common shares. This is an insignificant investment in Bast Company with the intention of selling it within a year.
On March Koko Company made an investment of $ in Engrid Company by acquiring of its outstanding common shares. Koko Company plans to hold on to these shares for at least a few years.
On April Koko Company received a cash dividend from Bast Company for a total of $
On April Koko Company received a cash dividend from Engrid Company for a total of $
On Koko Companys yearend of May Bast Companys common shares were trading at $ per share, and Engrid Companys shares were trading at $ per share.
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