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Mathematics 19 Online
OpenStudy (anonymous):

Ryan bought 10 shares of Apex Company for $50 each and later sold all of them at $45 each. This transaction resulted in what type of event? A. Capital loss B. Capital profit C. Capital win D. Capital gain @surjithayer @Jamierox4ev3r @sierraabel @eLg @jim_thompson5910

jimthompson5910 (jim_thompson5910):

sounds like a loss to me because he bought each for $50, but sold each of them for $45 (so he lost $5 per share, or 5*10 = 50 dollars total)

OpenStudy (anonymous):

capital loss

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