lisaroby369 lisaroby369

21-09-2018
Mathematics

contestada

1. Five years ago, Julianne purchased stock for $9,433. Yesterday, she sold the stock for $10,219. What was her gross capital gain?

Respuesta :

stokholm stokholm

30-09-2018

Alright, lets get started.

Julianne purchased stock for $9,433.

Means the base cost is = $ 9433

Yesterday, she sold the stock for $10,219.

Means gross sale price = $ 10219

Gross caiptal gain = [tex]sale price - cost[/tex]

Gross capital gain = [tex]10219 - 9433[/tex]

Gross capital gain = $ 786

Hence her capital gain was $ 786. : Answer

Hope it will help :)

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