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3 years ago

Trevor restores antique cars and sells them for profit. This is an example of _____ income.a.capital gains

Business

2 answers:

scZoUnD [109]3 years ago

7 0

Answer:

a.capital gains

Explanation:

Capital gains income -

It refers to the increase in the amount of the capital asset , where the amount received from selling the asset is more than the amount at the time of purchase , is referred to as capital gains income.

This gain can be long term as well as short term , and the amount of the asset can not be estimated , until and unless the asset is sold in the market.

Hence, from the given scenario of the question,

Trevor is practicing , capital gains income.

Makovka662 [10]3 years ago

6 0

Answer:

A. Capital gains

Explanation:

Edgenuity.

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Answer:

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