If a Common Stock Investment Is Sold at a Gain

question 142

Multiple Choice

If a common stock investment is sold at a gain the gain

• A) is reported as operating revenue.
• B) is reported under a special section "Discontinued investments" on the income statement.
• C) is reported in the Other revenues and gains section of the income statement.
• D) contributes to gross profit on the income statement.

Recognize the challenges in achieving efficient outcomes through public decision-making processes.

Understand the basic concepts and theories of social psychology.

Describe factors that contribute to social attraction and love.

Explain the psychological dynamics behind bystander behavior and altruism.

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Definitions:

Percentages

A mathematical term used to express a number or ratio as a fraction of 100.

Visual

Relating to or using sight, pertaining to imagery or visual media.

Document

A piece of written, printed, or electronic matter that provides information or evidence or that serves as an official record.

Appendix

A supplementary material at the end of a book, document, or article, containing additional information on the topic.