If You Purchased 10 Shares of Goldman Sachs Stock for $1,200

question 48

Multiple Choice

If you purchased 10 shares of Goldman Sachs stock for $1,200 five years ago and decide to sell the stock today at a price of $1,500,how much will you owe in capital gains tax on your 10 shares? Assume the tax rate on capital gains is set at 15%.

• A) $0
• B) $45
• C) $180
• D) $225

---

Definitions:

Tobacco Use

The act of consuming tobacco products, such as smoking cigarettes or cigars, which can lead to various health complications including lung cancer and heart disease.

Transtheoretical Stage

Phases through which individuals pass in the process of changing a behavior, according to the Transtheoretical Model of Behavior Change.

Smoking Risks

The potential health hazards associated with cigarette smoking, including lung cancer, heart disease, and respiratory conditions.

Health Promotion Activities

Initiatives or strategies designed to improve the health and well-being of individuals or communities.