Business
Business, 20.09.2020 18:01, 25linm

Rose Company had no short-term investments prior to year 2015. It had the following transactions involving short-term investments in available-for-sale securities during 2015. Apr. 16 Purchased 6,000 shares of Gem Co. stock at $22.00 per share plus a $380 brokerage fee.
May 1 Paid $150,000 to buy 13-week U. S. Treasury bills (debt securities): $150,000 principal amount, 6% interest, securities dated May 1.
July 7 Purchased 3,000 shares of PepsiCo stock at $50.00 per share plus a $350 brokerage fee.
20 Purchased 1,500 shares of Xerox stock at $17.00 per share plus a $430 brokerage fee.
Aug. 3 Received a check for principal and accrued interest on the U. S. Treasury bills that matured on July 31.
15 Received a(n) $0.85 per share cash dividend on the Gem Co. stock.
28 Sold 3,000 shares of Gem Co. stock at $28.75 per share less a $470 brokerage fee.
Oct. 1 Received a $1.60 per share cash dividend on the PepsiCo shares.
Dec. 15 Received a $1.00 per share cash dividend on the remaining Gem Co. shares.
31 Received a $1.30 per share cash dividend on the PepsiCo shares.
2. Prepare a table to compare the year-end cost and fair values of Rose's short-term investments in available-for-sale securities. The year-end fair values per share are:
Gem Co., $24.25;
PepsiCo, $47.25;
and Xerox, $14.00.

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