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thanks! Chapter 15 Homework Questions 1-2 (of 7) The following information applies to the questions displayed below. Carlsville Company, which began operations in 2013, invests
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Chapter 15 Homework Questions 1-2 (of 7) The following information applies to the questions displayed below. Carlsville Company, which began operations in 2013, invests its idle cash in trading securities. The following transactions are from its short-term investments in its trading securities. 2013 Jan. 20 Feb. 9 Oct. 12 Purchased 800 shares of Ford Motor Co. at $27 per share plus a $130 commission. Purchased 2,900 shares of Lucent at $31 per share plus a $190 commission. Purchased 760 shares of Z-Seven at $7.60 per share plus a $95 commission. 2014 Apr. 15 Sold 800 shares of Ford Motor Co. at $30 per share less a $290 commission. July 5Sold 760 shares of Z-Seven at $10.75 per share less a $100 commission. July 22 Purchased 1,800 shares of Hunt Corp. at $31 per share plus a $225 commission. Aug. 19 Purchased 1,700 shares of Donna Karan at $41.00 per share plus a $105 commission. 2015 Feb. 27 Purchased 3,900 shares of HCA at $34 per share plus a $410 commission. Mar. 3 Sold 1,800 shares of Hunt at $26 per share less a $120 commission. June 21 Sold 2,900 shares of Lucent at $28.75 per share less a $32 commission. June 30 Purchased 1,200 shares of Black & Decker at $47.50 per share plus a $590 commission. Nov. 1 Sold 1,700 shares of Donna Karan at $41.00 per share less a $124 commission. valueStep by Step Solution
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