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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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