On April 2nd a corporation purchased for cash 5,000 shares of its own $10 par common stock at $26 a share. They sold 3,000 of the treasury shares at $29 a share on June 15th. The remaining 2,000 shares were sold on November 10th for $22 a share.

Question

Quizplus · Accepted Answer

The Answer of On April 2nd a corporation purchased for cash 5,000 shares of its own $10 par common stock at $26 a share. They sold 3,000 of the treasury shares at $29 a share on June 15th. The remaining 2,000 shares were sold on November 10th for $22 a share.

On April 2nd a Corporation Purchased for Cash 5,000 Shares