2011jan 2 purchased 80000 shares of bushtex co common stock, Ask an Expert

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2011 Jan. 2 Purchased 80,000 shares of Bushtex Co. common stock for $544,000 cash plus a broker's fee of $3,400 cash. Bushtex has 160,000 shares of common stock outstanding and its policies will be significantly influenced by Kash.
Sept. 1 Bushtex declared and paid a cash dividend of $3.40 per share.
Dec. 31 Bushtex announced that net income for the year is $1,110,400.

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M9909462

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