Cox Corporation was organized on January 1, 2003, at which date


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Cox Corporation was organized on January 1, 2003, at which date it issued 100,000 shares of $10 par common stock at $15 per share. During the period January 1, 2003, through December 31, 2005, Cox reported net income of $450,000 and paid cash dividends of $230,000. On January 10, 2005, Cox purchased 6,000 shares of its common stock at $12 per share. On December 31, 2005, Cox sold 4,000 treasury shares at $8 per share. What is Cox’s total stockholders’ equity at December 31, 2005? isapasho
posted a question ยท May 30, 2016 at 8:46pm

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