After Buying 100 Shares of Common Stock in the It's

question 177

Multiple Choice

After buying 100 shares of common stock in the It's All Good Corporation for $20 per share, Popeye later sold the same shares for $25 per share. Popeye's capital gain on the total transaction is:

• A) $5.
• B) $50.
• C) $500.
• D) $2,500.

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Definitions:

Deformity

A condition in which part of the body does not have the normal or expected shape, often due to genetic reasons, injury, or disease.

Perform An X-Ray

The process of using X-ray radiation to produce images of the inside of the body to help in diagnosing medical conditions.

Avoid Eye Contact

A precautionary recommendation to prevent direct gaze into another person's eyes, often to avoid transmitting or receiving unwelcome signals.

Yes Or No Answer

A straightforward response indicating affirmation or negation without elaboration.