Question: You received partial credit in the previous attempt. ( Required information [The following information applies to the questions displayed below.] Rose Company had no short-term
You received partial credit in the previous attempt. ( 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 6,000 shares of Gem Company stock at $26.00 per share. July 7 Purchased 3,000 shares of Pepsico stock at $52.00 per share. Juty 20 Purchased 1,500 shares of Xerox stock at $17,00 per share. August is Received a $0.90 per share cash dividend on the Gen Conpany stock. August 28 Sotd 3,000 shares of Gem Company stock at $32.75 per share. october 1 Received a $1.60 per share cash dividend on the Pepsico shares. Decenber 15 Received a $1.05 per share cash dividend on the remaining Gen Company shares. Decenber 31 Received a $1.45 per share cash dividend on the Pepsico shares. The year-end fair values per share are Gem Company, \$28.25; PepsiCo, $49.25; and Xerox, $14.00. 2. Prepare a table to compare the year-end cost and fair values of Rose's short-term stock investments
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