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Julio bought 10 shares of Apex Co. for $50 each and later sold all of them at $55 each. This transaction resulted in what type of event? O A. Capital profit O B. Capital gain O …

Julio bought 10 shares of Apex Co. for $50 each and later sold all of them at $55 each. This transaction resulted in what type of event? O A. Capital profit O B. Capital gain O …
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Julio bought 10 shares of Apex Co. for $50 each and later sold all of them at

$55 each. This transaction resulted in what type of event?
O
A. Capital profit
O
B. Capital gain
O
C. Capital win
O
D. Capital loss

User LONGMAN
by
8.5k points

1 Answer

5 votes

Answer: B. Capital Gain

Explanation:

User Imani
by
9.1k points
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