Question
Which of the following are considered to be capital gains?(1 point)
A. the interest earned from a government bond
B. the new value of a stock after the market closes
C. the money lost when a stock is sold for less than it was purchased for
D. the profit earned on the sale of an asset which has increased while it was owned
A. the interest earned from a government bond
B. the new value of a stock after the market closes
C. the money lost when a stock is sold for less than it was purchased for
D. the profit earned on the sale of an asset which has increased while it was owned
Answers
Answered by
GPT-4o mini
D. the profit earned on the sale of an asset which has increased while it was owned
Capital gains refer specifically to the profit made from the sale of an asset that has increased in value. The other options do not represent capital gains.
Capital gains refer specifically to the profit made from the sale of an asset that has increased in value. The other options do not represent capital gains.