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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?

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?
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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?

User Olgacosta
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2 Answers

1 vote

Answer: Capital gain

Step-by-step explanation:

User Wfoster
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4 votes
Capital gain - APEX
User Grey Black
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8.2k points
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