Sign In
Ask Question
Klein
Business
3 December, 18:56
What is capitol gain?
+1
Answers (
1
)
Elvis Dixon
3 December, 19:13
0
It is the amount of profit gained by the organization by selling the stock, bond or other real estates. If the value of selling price is higher than the cost price then it means that the capital gain is achieved. The gain amount is calculated by subtracting the higher selling price with the lowest cost price Example of capital assets are: mutual fund, stock, house, land, etc If you achieve a capital gain, then you need to pay tax for it.
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Find an answer to your question 👍
“What is capitol gain? ...”
in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A new project would require an immediate increase in raw materials in the amount $6,000. The firm expects that accounts payable will automatically increase $2,000.
Answers (1)
Because interest rates have fallen, a company retires bonds which had been issued at their face value of $240,000. The company bought the bonds back at 96.00. The journal entry to record this retirement includes a debit of:
Answers (1)
A monetary stimulus is designed to shift the
Answers (1)
The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,460,000, and the December 31, 2016, balance sheet showed long-term debt of $1,700,000. The 2016 income statement showed an interest expense of $100,000.
Answers (1)
True or false the risk premium is primarily concerned with business risk, financial risk, and inflation risk.
Answers (1)
New Questions in Business
Katie needed to take out three loans. a) First, she paid $596.24 in interest on a nine-month loan for which the rate was 11%. How much money did she borrow? b) A year later, Katie borrowed $10,000 for three months.
Answers (1)
During the year, total liabilities increased $105,000 and stockholders' equity decreased $83,000. What is the amount of total assets at the end of the year?
Answers (1)
What is cosideration
Answers (1)
With the federal funds rate near zero and the economy still struggling, the Fed began buying 10-year Treasury notes and certain mortgage-backed securities to keep interest rates low. This policy is known as
Answers (1)
Sugar, Inc. sells $529,300 of goods during the year that have a cost of $428,600. Inventory was $30,083 at the beginning of the year and $34,338 at the end of the year.
Answers (2)
Home
»
Business
» What is capitol gain?
Sign In
Sign Up
Forgot Password?