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user100 [1]
3 years ago
14

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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2 years ago
Of these common educational requirements for Finance careers, select those you are most interested in achieving. Check all that
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Answer:

The correct options are Advanced degree after a traditional four year college degree and On the Job training Experience.

Explanation:

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3 years ago
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Business Ethics are usually a reflection of the norms and cultures of the society they are based in. Think of it like this, if a company is based in a certain place and adheres to principles that are different from what is considered ethical in that society, do you think that company will be very profitable? I think not. Business Ethics are therefore based on General ethics with an immaterial difference.

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3 years ago
A pencil manufacturer is in a perfectly competitive market. The firm can sell as much as it wants at a price of $1.50 per pencil
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d. Continue production in the short run, but exit the business in the long run unless prices are expected to rise or costs to fall..

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3 years ago
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