In 2016 glen received a gift of 200 shares of common stock. the stock was worth $8000 when he received it. the donor had originally paid 10,000 for the stock when he bought it in 2014.

if glen sells the stock for $12,000 2017 what is his capital gain?

a. $0
b. $2000
c. $4000
d. $12,000

correct option is B. $2000

Explanation:

given data

stock worth = $8000

donor originally paid = 10,000

Sale price of stock = $12,000

solution

we get here capital gain that is express as

capital gain =  Sale price of stock - donor originally paid   1

put here value we get

capital gain = $12000 - $10000

capital gain = $2000

so correct option is B. $2000

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

answercold,maybe nuclear war;