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Anna11 [10]
3 years ago
14

Chris bought 10 shares of Apex Company for $25 each, and later sold all of them at $45 each. This transaction resulted in what t

ype of event?
A). Capital Loss
B). Capital Profit
C). Capital Gain
D). Capital Win
Business
2 answers:
Veseljchak [2.6K]3 years ago
5 0

the answer is a capital gain . C                                                                  



Ganezh [65]3 years ago
4 0

Answer:

The correct answer is the option C: Capital Gain.

Explanation:

<em>Capital Gain</em> is the name given, in the field of finances, to the concept that refers to the amount of money in the form of a <em>profit</em> that a person receives from the action of selling a capital asset after this one increased its value obtaining a higher worth than the purchase price and <em>whose ''gain'' is in the difference of such situation</em>, that is, the situation where the sale price is higher that the original purchase price.

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Maksim231197 [3]
The answer is:

B Because idk
4 0
3 years ago
Read 2 more answers
Gerritt wants to buy a car that costs $31,000. The interest rate on his loan is 5.67 percent compounded monthly and the loan is
gregori [183]

Answer:

$594.57

Explanation:

For computing the monthly payment we need to apply the PMT formula i.e to be shown in the attachment below:

Given that,  

Present value = $31,000

Future value or Face value = 0

Rate = 5.67% ÷ 12 months = 0.4725

NPER = 5 years × 12 = 60 years

The formula is shown below:  

= PMT(RATE;NPER;-PV;FV;type)  

The present value come in negative  

So, after applying the formula, the monthly payment is $594.57

5 0
2 years ago
If a labor union successfully restricts the supply of labor to​ firms, and if the union is not able to influence the demand for​
Alisiya [41]

Answer:

(B) ​rises; decreases

Explanation:

  • As the labors are unable to motivate the other laborers of the firm in the organization then the wage rate will increase the form needs more and more laborers to work in the factory or the production units and hence the employment opportunities will decline as an upward movement along the demand curve.
3 0
3 years ago
Mikalya put 500$ in the bank. The annual interest rate is 2 percent. How much money will mikalya earn in one year?
Tema [17]

Answer:

&10

Explanation:

This is a case of simple interest.

It gotten as Interest= Prt

Where:

P=principal

r=rate

t=time

Therefore

$500×2%×1= 10

5 0
3 years ago
The deadweight loss associated with output less than the competitive level can be determined by A. subtracting the consumer surp
SSSSS [86.1K]

Answer:

C. subtracting the competitive level producer surplus from the producer surplus associated with less output

Explanation:

A deadweight loss refers to a cost to society created as a result of market inefficiency. Market inefficiency occurs when supply and demand are out of equilibrium. It is also known as excess burden.

Deadweight loss is also created due to taxes as they prevent people from purchasing things that they would otherwise as the final price of the product increases.

The deadweight loss associated with output less than the competitive level can be determined by subtracting the competitive level producer surplus from the producer surplus associated with less output

7 0
2 years ago
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