1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gekata [30.6K]
3 years ago
9

David bought stock for $4,000 and one year later he sold it for $1,000. The sale resulted in a:

Business
2 answers:
AURORKA [14]3 years ago
7 0

Answer:

Capital Loss

Explanation:

A capital loss occurs when an investment asset decrease in value between the time of purchase and the time for selling. The loss is realized only when the asset is sold.  Examples of investment assets that can lose value include stocks, mutual funds, index funds, real estate, and bonds.

A capital gain or loss is the purchase price minus selling price of an investment asset. Capital gain is when the result is positive, implying that the asset has appreciated in value.  A capital gain always attracts tax.  David experienced a capital loss of  $3000 as the selling price was lower than the buying price ($ 4000-$1000).

nalin [4]3 years ago
3 0

Answer:

The sale results in a capital loss of $3,000.

Explanation:

The stock was bought for $4,000 and was later sold for $1,000 one year later. It means that David lost $3,000 on the stock.

You might be interested in
identify the reason(s) that accountants use a sales returns and allowances account: multiple select question.
Sloan [31]

The reason(s) that accountants use sales returns and allowances account to keep a complete record of sales returns and allowances to calculate operating efficiency.

An accountant is a practitioner of accounting or accountancy. Accountants who have verified competency through their expert associations' certification exam ·​rely on ·​ing ə-: the device of recording and summarizing commercial enterprise and monetary transactions and reading, verifying, and reporting the effects. also: the principles and tactics of this gadget. they studied accounting as a freshman. : work executed in accounting or by using accountants.

An Accountant facilitates agencies making critical monetary decisions by collecting, tracking, and correcting the corporation's budget. they may be accountable for economic audits, reconciling financial institution statements, and making sure financial information is correct for the duration of the yr.

Learn more about accountants here: brainly.com/question/25568979

#SPJ4

5 0
1 year ago
I want to know what is the correct thing to invest into
vladimir1956 [14]

Answer:

Roth ira

Explanation:

Because you are sort of young, you should invest into a roth ira, because there are retirement tax breaks put on it, plus in an smp 500 account it will grow with the market at about 8% interest per year on average. this is good, because it is pretty much guaranteed growth. that will double the amount of money for 5 or 6 times over creating a nice retirement fund for your old age, but honestly there are other strategies, this is just for sticking money in the ground and forgetting about it, letting it grow for you. low risk, and relatively high reward after a long period of time.

hope this helps

7 0
3 years ago
Another place to find job ads or job openings is on internet.
HACTEHA [7]
All of the above. Hope this helped
3 0
3 years ago
The Red Baron saw Snoopy sitting on his dog house, writing his greatest novel. Snoopy was so involved with his story writing tha
Oduvanchick [21]

Answer:

The correct answer is letter "D": intentional infliction of emotional distress.

Explanation:

Intentional infliction of emotional distress or IIED is a common law applied when an individual causes emotional distress to another person intentionally by behaving inappropriately. Intentional infliction of emotional distress is usually accompanied by physical injuries.

8 0
3 years ago
Southern gardeners normally pay $5 for a 2-cubit-foot bag of pine bark mulch that they buy at their local gardening-supply and h
Lapatulllka [165]
Otsoychocj jcgodtivpj logzruxoh
3 0
3 years ago
Other questions:
  • During April, a customer asks you to create an arrangement for an invalid friend who must stay at home for five more days. The i
    12·1 answer
  • Countries A and B both produce bicycles. Country B has a comparative
    15·1 answer
  • There is a provincial construction supervisor who gets to hire all of the housing inspectors.
    6·1 answer
  • Gato Inc. had the following inventory situations to consider at January 31, its year-end.
    15·1 answer
  • What company fact is evidence of the high employee commitment at patagonia?
    15·1 answer
  • Total consumer spending on milk will a. increase, and total consumer spending on beef will decrease. b. increase, and total cons
    8·1 answer
  • A statement of cash flows ...
    7·1 answer
  • What is ethical behavior?
    13·1 answer
  • Scientists assign each kind of organism a universally accepted name in the system known as:.
    7·2 answers
  • 1. Which one of the following is not considered part
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!