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[The following information applies to the questions displayed below. Rose Company had no short-term Investments prior to year 2015. It had the following transactions Involving
[The following information applies to the questions displayed below. Rose Company had no short-term Investments prior to year 2015. It had the following transactions Involving short-term Investments In avallable-for-sale securitles durlng 2015 16Purchased 6,000 shares of Gem Co. stock at $28.75 per share plus a $420 brokerage fee Apr. May 1 Paid $120,000 to buy 13-week U.S. Treasury bills (debt securities): $120,000 principal amount, 3% Interest, securities dated May 1 7 July Purchased 3,000 shares of PepsiCo stock at $50.00 per share plus a $390 brokerage fee Purchased 1,500 shares of Xerox stock at $18.00 per share plus a $470 brokerage fee 20 Aug. 3 Recelved a check for principal and accrued Interest on the U.S. Treasury bills that matured on July 15 28 31. Recelved a(n) S0.90 per share cash dividend on the Gem Co. stock. Sold 3,000 shares of Gem Co. stock at $35.50 per share less a $510 brokerage fee Oct. Dec. Recelved a $2.00 per share cash dividend on the PepsiCo shares. 15Recelved a $1.05 per share cash dividend on the remalning Gem Co. shares. 31 Recelved a $1.05 per share cash dividend on the PepsICo shares
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