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Murrr4er [49]
4 years ago
10

What is capitol gain?

Business
1 answer:
Triss [41]4 years ago
5 0

Explanation:

  • It is the amount of profit gained by the organization by selling the stock, bond or other real estates.
  • If the value of selling price is higher than the cost price then it means that the capital gain is achieved.
  • The gain amount is calculated by subtracting the higher selling price with the lowest cost price
  • Example of capital assets are: mutual fund, stock, house, land, etc
  • If you achieve a capital gain, then you need to pay tax for it.
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A company has four vendors and the accounts payable subsidiary ledger shows the following balances.
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Choose the best answer to complete the sentence. History and experience have shown that economies become most efficient at conve
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When reporting on conditions relating to an entity's internal control observed during an audit of the financial statements, the
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a Description of tests performed to search for material weaknesses.

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Assume that an employee of a FINRA member firm opens a securities account at another FINRA member firm. If requested, the employ
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C) confirmations and account statements

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Mary's Baskets Company expects to manufacture and sell 24 comma 000 baskets in 2019 for $ 7 each. There are 2 comma 000 baskets
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3 years ago
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