A stock dealer sold 5,000 shares directly to the buyer. The details are as follows: Selling price. P800,000 Cost 300,000 Expenses on sale 50,000 Compute the capital gains tax on the transaction. 75,000 67,500 50,000 Zero Answer is 67,500 how was it solved?
A stock dealer sold 5,000 shares directly to the buyer. The details are as follows: Selling price. P800,000 Cost 300,000 Expenses on sale 50,000 Compute the capital gains tax on the transaction. 75,000 67,500 50,000 Zero Answer is 67,500 how was it solved?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
A stock dealer sold 5,000 shares directly to the buyer. The details are as follows:
Selling price. P800,000
Cost 300,000
Expenses on sale 50,000
Compute the
75,000
67,500
50,000
Zero
Answer is 67,500 how was it solved?
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