Solved

A Capital Gain Is

Question 10

Multiple Choice

A capital gain is


A) a financial instrument that gives the holder a share in the ownership of a firm and therefore the right to share in the profits of the firm.
B) the portion of a corporation's profits that the firm pays out each period to its shareholders.
C) an increase in the value of an asset over the price initially paid for it.
D) the difference between an individual's economic income and money income.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions