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jus10n jus10n
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4 years ago

Question 1.

If Juanita purchases a share of stock for $20 and three years later sells it for $120, she will realize a



▸ dividend of $100.

▸ capital gain of $100.

▸ dividend of $120.

▸ capital gain of $140.

Question 2.

Wayne purchased 10 autographed Eli Manning football cards when he was 15 years old for a total cost of $50 and then sold those football cards 4 years later for $800. Due to these transactions



▸ Wayne earned a capital gain of $800.

▸ Wayne earned a capital gain of $750.

▸ Wayne earned a dividend of $800.

▸ Wayne earned a dividend of $750.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
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Antoinette12Antoinette12
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4 years ago
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You make an excellent tutor!
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Just got PERFECT on my quiz
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This calls for a celebration Person Raising Both Hands in Celebration
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