Question: On January 5 , 2 0 2 0 , Sage Hill Company purchased the following stock securities: 3 3 0 shares Bonter Corporation common stock
On January Sage Hill Company purchased the following stock securities:
shares Bonter Corporation common stock for $
shares Wane Corporation common stock for $
shares Strauss Corporation common stock for $
Assume that Sage Hill Company cannot exercise significant influence over the activities of the investee companies and that the cost method is used to account for the investments.
On June Sage Hill Company received the following cash dividends:
Bonter Corporation $ per share
Wane Corporation $ per share
Strauss Corporation $ per share
On November Sage Hill Company sold shares of Strauss Corporation common stock for $
On December the fair value of the securities held by Sage Hill Company is as follows:
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