Required information [The following information applies to the questions displayed below. Rose Company had no short-term investments prior to this year. It had the following transactions this year involving short-term stock investments with insignificant influence. April 16 Purchased 8,000 shares of Gem Company stock at $29.25 per share. July 7 July 20 Purchased 4,000 shares of PepsiCo stock at $53.00 per share. Purchased 2,000 shares of Xerox stock at $16.00 per share. August 15 Received a $0.85 per share cash dividend on the Gem Company stock. August 28 Sold 4,000 shares of Gem Company stock at $36.00 per share. October 1 Received a $1.70 per share cash dividend on the PepsiCo shares. December 15 Received a $1.00 per share cash dividend on the remaining Gem Company shares. December 31 Received a $1.30 per share cash dividend on the PepsiCo shares. The year-end fair values per share are Gem Company, $31.50; PepsiCo, $50.25; and Xerox, $13.00. 5. Identify the dollar increase or decrease from Rose's short-term stock investments on (a) its income statement for this year and (b) the equity section of its balance sheet at this year-end.

Required information [The following information applies to the questions displayed below.] Rose Company had no short-term investments prior to this year. It had the following transactions this year involving short-term stock investments with insignificant influence. Apri1 16 Purchased 8,000 shares of Gem Company stock at $29.25 per share. July 7 Purchased 4,000 shares of Pepsico stock at $53.00 per share. July 20 purchased 2,000 shares of Xerox stock at $16.00 per share. August 15 Received a $0.85 per share cash dividend on the Gem Company stock. August 28 Sold 4,000 shares of Gem Company stock at $36.00 per share. October 1 Received a $1.70 per share cash dividend on the pepsico shares. December 15 Received a $1,00 per share cash dividend on the remaining Gem company shares. December 31 Received a $1,30 per share cash dividend on the pepsico shares. The year-end fair values per share are Gem Company, \$31.50; PepsiCo, \$50.25; and Xerox, $13.00. 5. Identify the dollar increase or decrease from Rose's short-term stock investments on (a) its income statement for this year and (b) the equity section of its balance sheet at this year-end. 5. Identify the dollar increase or decrease from Rose's short-term stock investments on (a) its income statement for this year and (b) the equity section of its balance sheet at this year-end. Required information [The following information applies to the questions displayed below.] Rose Company had no short-term investments prior to this year. It had the following transactions this year involving short-term stock investments with insignificant influence. Apri1 16 Purchased 8,000 shares of Gem Company stock at $29.25 per share. July 7 Purchased 4,000 shares of Pepsico stock at $53.00 per share. July 20 purchased 2,000 shares of Xerox stock at $16.00 per share. August 15 Received a $0.85 per share cash dividend on the Gem Company stock. August 28 Sold 4,000 shares of Gem Company stock at $36.00 per share. October 1 Received a $1.70 per share cash dividend on the pepsico shares. December 15 Received a $1,00 per share cash dividend on the remaining Gem company shares. December 31 Received a $1,30 per share cash dividend on the pepsico shares. The year-end fair values per share are Gem Company, \$31.50; PepsiCo, \$50.25; and Xerox, $13.00. 5. Identify the dollar increase or decrease from Rose's short-term stock investments on (a) its income statement for this year and (b) the equity section of its balance sheet at this year-end. 5. Identify the dollar increase or decrease from Rose's short-term stock investments on (a) its income statement for this year and (b) the equity section of its balance sheet at this year-end