You Just Sold 200 Shares of Langley,Inc

question 36

Multiple Choice

You just sold 200 shares of Langley,Inc. stock at a price of $38.75 a share. Last year you paid $41.50 a share to buy this stock. Over the course of the year,you received dividends totaling $1.64 per share. What is your capital gain on this investment?

• A) -$550
• B) -$222
• C) -$3
• D) $550
• E) $878

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Definitions:

Cervical Vertebrae

The vertebrae in the neck region of the spine, numbered C1 through C7, which support the skull and enable a range of head movements.

Thoracic Vertebrae

Comprise the middle portion of the vertebral column, characterized by the presence of costal facets for rib articulation.

Splenius

A muscle in the back of the neck and upper back responsible for moving the head and neck.

Sealed Bag

A bag designed to be completely closed, ensuring that its contents are kept secure and uncontaminated.