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Alex787 [66]
3 years ago
9

Rey bought 10 shares of Apex Co. for $17 each and later sold all of them at

Business
1 answer:
cluponka [151]3 years ago
6 0

Answer:

C. Capital Loss

Explanation:

When the selling price of an asset like bonds etc exceeds it purchase price then the capital profit will be the difference between sale and purchase price.

But if the purchase price is greater than the sale price the difference is called Capital loss.

Example: if we buy 100 shares for $20 each and after a year sell them for $ 18 then the difference is called the capital loss.

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The two general kinds of trade barriers are _____.
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By state law, the local sales tax is fixed at no more than ______ percent of the value of the sale. Multiple choice question.
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<h3>What does Texas state law say?</h3>

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Assets

Equipment                       $65,000

Cash                                 $12,000

Supplies                           $4,500

Prepaid rent                     <u>$2,000</u>

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Total Equity and Liability <u>$83,500</u>

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