Entries by mary WAMBUGU

On January 2 2018, All Good Company purchased 12,000 shares of the stock of Big Bad Company, and DID NOT obtain significant influence.

August 24, 2019 in /by

On January 2 2018, All Good Company purchased 12,000 shares of the stock of Big Bad Company, and DID NOT obtain significant influence. The investment is intended as a long-term investment. The stock was purchased for $13 per share, and represents a 10% ownership stake. Big Bad Company made $250,000 of net income in 2018, and paid dividends to […]

 

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On January 2, 2018, Good Company purchased 8,000 shares of the stock of Big Bad Company, and DID obtain significant influence.

August 24, 2019 in /by

On January 2, 2018, Good Company purchased 8,000 shares of the stock of Big Bad Company, and DID obtain significant influence. The investment is intended as a long-term investment. The stock was purchased for $12 per share, and represents a 30% ownership stake. Big Bad Company made $450,000 of net income in 2018, and paid dividends to Good Company […]

 

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At fiscal year end, December 31, 2018, Corporation had total stockholders’ equity of $4,800,000.

August 24, 2019 in /by

At fiscal year end, December 31, 2018, Corporation had total stockholders’ equity of $4,800,000. On FY 2018 year end, Corporation had Common Stock account of $2,000,000 of $10 par value common stock and Preferred Stock account of $250,000 of $100 par value. There was no treasury stock. The preferred stock was noncumulative and had a call […]

 

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On January 2, 2019, Corporation issued 18,000 shares of $10 par value common stock for $13 per share. On April 1, 2019, Alpha reacquired 1,500 of these shares when they were trading $16 per share.

August 24, 2019 in /by

On January 2, 2019, Corporation issued 18,000 shares of $10 par value common stock for $13 per share. On April 1, 2019, Alpha reacquired 1,500 of these shares when they were trading $16 per share. On August 1, 2019 corporation reissued 800 shares of treasury stock at the going market rate of $19 per share. Use […]

 

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