This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Mike purchased a 1968 Chevy Corvette in 2009 for $30,000 and a year later he sold it for $36,000. ... (Read 16 times)

lunatika

  • Hero Member
  • *****
  • Posts: 548
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by lunatika on Apr 19, 2019

popopong

  • Sr. Member
  • ****
  • Posts: 307
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.
Answer Preview
Only 64% of students answer this correctly


lunatika

  • Hero Member
  • *****
  • Posts: 548
Reply #2 on: Apr 19, 2019
Thank you!


popopong

  • Sr. Member
  • ****
  • Posts: 307
Reply #3 on: Apr 19, 2019
Always glad to help...


« previous next »
 

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

The Ford logo on display at the 2009 New York International Auto Show. The Ford logo on display at the 2009 New York International Auto Show.
Hospitalization per year Hospitalization per year
The year 2010 was the hottest since 1880 The year 2010 was the hottest since 1880
Research that has examined babies' ability to recognize themselves develops in the 2 year Research that has examined babies' ability to recognize themselves develops in the 2 year
Nine $10 000, 4% bonds with interest payable semi-annually and redeemable at par are purchased ... Nine $10 000, 4% bonds with interest payable semi-annually and redeemable at par are purchased ...
Compute the rate of discount allowed on a rotor-tiller that lists for $341.00 and is sold for ... Compute the rate of discount allowed on a rotor-tiller that lists for $341.00 and is sold for ...
Video: Atrophy

For a complete list of videos, visit our video library