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Author Question: Mike purchased a 1968 Chevy Corvette in 2009 for $30,000 and a year later he sold it for $36,000. ... (Read 69 times)

lunatika

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on: Apr 19, 2019

Question 1

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.

Question 2

Mike purchased a 1968 Chevy Corvette in 2009 for $30,000 and a year later he sold it for $36,000. Due to these transactions


◦ Mike earned a capital loss of $6,000.
◦ Mike earned a dividend of $36,000.
◦ Mike earned a dividend of $600.
◦ Mike earned a capital gain of $6,000.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by lunatika on Apr 19, 2019

popopong

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Reply #1 on: Apr 19, 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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lunatika

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Reply #2 on: Apr 19, 2019
Thank you!


popopong

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Reply #3 on: Apr 19, 2019
Always glad to help...


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