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Vinvika [58]
3 years ago
8

Byron is a wealthy tycoon who makes his money buying and selling stocks. This is an example of _____ income.

Business
2 answers:
Orlov [11]3 years ago
8 0
A. we know it is not c or d cuz they would not fit but a and b are our options the answer would be B IF he was a worker but in this case he makes his money from a profit and pays the workers (they earned it) so it is A
tatuchka [14]3 years ago
8 0

Answer: (C) Capital Gain Income

Explanation: Byron is making money through buying and selling of stocks. When a stock is bought and sold within 3 years, it is considered as short term capital gain. When a stock is bought today and sold after 3 years, it results into long term capital gain. Hence, the answer is Capital Gain income.

The other options are earned , hourly and passive are not relevant.

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Brandy has some money saved for college and also receives a work-study position to help pay for her college tuition. If Brandy g
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6 0
3 years ago
Village East expects to pay an annual dividend of $1.40 per share next year, and $1.68 per share for the following two years. Af
VashaNatasha [74]

Answer:

$15.15

Explanation:

Given:

  • D1 = $1.4
  • D2 = $1.68  
  • Growth = 3.4% = 0.034
  • Discount rate = 13.7 % = 0.137

As we know that:

  • P3= ($1.68 × (1+034)) / (0.137 - 0.034)= $16.86

So, P0:

= $1.40 / 1.137 + $1.68 / 1.1372 + ($1.68+ $16.86)/ 1.1373

= $15.15

Hope it will find you well.

8 0
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