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Edmunds Corporation had no short - term investments prior to this year. It had the following transactions this year involving short - term stock investments
Edmunds Corporation had no shortterm investments prior to this year. It had the following transactions this year involving shortterm stock investments with insignificant influence.
April Purchased shares of MYC Company stock at $ per share.
July Purchased shares of STO Company stock at $ per share.
July Purchased shares of CMO Company stock at $ per share.
August Received an $ per share cash dividend on the MYC Company stock.
August Sold shares of MYC Company stock at $ per share.
October Received a $ per share cash dividend on the STO Company shares.
December Received a $ per share cash dividend on the remaining MYC Company shares.
December Received a $ per share cash dividend on the STO Company shares.
For each transaction, indicate the change, if any, in total assets and total equity. If equity changes, indicate whether the change was reflected as a component of net income, or directly within the stockholders' equity portion of the balance sheet. Remember that the change in total assets must agree with the change in total equity.
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