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Author Question: If a stock was purchased for $3000 in January 2003 and is sold in June 2003 for $4000, what is the ... (Read 83 times)

Frost2351

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on: Nov 11, 2019
If a stock was purchased for $3000 in January 2003 and is sold in June 2003 for $4000, what is the taxable result?
◦ Business income of $1000 and taxable amount of $1000
◦ Capital gain of $1000 and taxable income of $500
◦ Capital gain of $1000 and taxable income of $1000
◦ Taxable capital gain of $1000
Personal Finance ¦ Madura, Gill ¦ 3rd Edition
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Marked as best answer by Frost2351 on Nov 11, 2019

cascooper22

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Reply #1 on: Nov 11, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Frost2351

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Reply 2 on: Nov 11, 2019
YES! Correct, THANKS for helping me on my review

mochi09

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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