mullery6876 mullery6876

27-05-2023
Business

Answered

Current Attempt in Progress Information pertaining to stock investments in 2022 by Blossom Corporation follows: Acquired 17% of the 270,000 shares of common stock of Crane Company at a total cost of $11 per share on January 1, 2022. On July 1, Crane Company declared and paid a cash dividend of $1.90 per share. On December 31, Crane reported net income was $750,000 for the year.

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