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Transactions for common stock and trading investments Zeus Investments Inc. is a regional freight company that began operations on January 1, 20Y8. The following transactions
Transactions for common stock and trading investments Zeus Investments Inc. is a regional freight company that began operations on January 1, 20Y8. The following transactions relate to trading securities acquired by Zeus Inc., which has a fiscal year ending on December 31: 20Y8 Feb. 14. Purchased 4,800 shares of Apollo Inc. common stock at $26 per share plus a brokerage commission of $192. Apollo Inc. has 150,000 shares of common stock outstanding. Apr. 1. Purchased securities of Ares Inc. as a trading investment for $45,000. June 1. Sold 600 shares of Apollo Inc. for $32 per share less a $100 brokerage commission. June 27. Received an annual dividend of $0.20 per share on 4,200 shares of Apollo Inc. stock. Oct. 15. Sold the remaining shares of Apollo Inc
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