(APPENDIX) SHORT-TERM INVESTMENTS

(APPENDIX) SHORT-TERM INVESTMENTS

Margie’s Company engaged in the following transactions involving short-term investments:
a. Purchased 200 shares of Softco stock for $25,600.
b. Received a $3.20-per-share dividend on the Softco stock.
c. Sold 80 shares of the Softco stock for $122 per share.
d. Purchased 380 shares of Kepler stock for $41,800.
e. Received a dividend of $2.00 per share on the Kepler stock.
At December 31, the Softco stock has a market value of $120 per share, and the Kepler stock has a market value of $118 per share.

(APPENDIX) SHORT-TERM INVESTMENTS

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