Register

Chip bought 10 shares of apex company for $40 each and later sold all of them at $45 each. this transaction resulted in what type of event?

Chip bought 10 shares of apex company for $40 each and later sold all of them at $45 each. this transaction resulted in what type of event?
48.7k views
0 votes
Chip bought 10 shares of apex company for $40 each and later sold all of them at $45 each. this transaction resulted in what type of event?

User Danielius
by
8.1k points

1 Answer

5 votes
The correct answer is capital gain.
User Arun Balakrishnan
by
9.4k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
Link Copied!