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  • 14-01-2021
  • Business
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Julio sold his stock in ABC Company for a higher price per share than he bought it for. He realized a:

Respuesta :

Parrain
Parrain Parrain
  • 14-01-2021

Answer: Capital gain

Explanation:

Capital gain is the return that a person gets when they sell their shares for a higher price than what they bought it for. It is a capital gain because the money they invested (capital) increased and brought back more than they spent.

The reverse is called a Capital loss.

Example of Capital gain:

You buy stock in 2019 for $40 and sell it in 2020 for $100. Your capital gain is:

= 100 - 40

= $60

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