Solution-How much gain or loss resulted from the sale

How much gain or loss resulted from the sale

Reference no: EM13853863

A person owned 400 shares of XYZ common stock which cost $20,000. XYZ then had a 2-for-1 stock split. After the split, the person sold 100 shares for $10,000. How much gain (or loss) resulted from the sale?

Reference no: EM13853863

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How much gain or loss resulted from the sale : A person owned 400 shares of XYZ common stock which cost $20,000. XYZ then had a 2-for-1 stock split. After the split, the person sold 100 shares for $10,000. How much gain (or loss) resulted from the sale?

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How much gain or loss resulted from the sale

Reference no: EM13853863

Reference no: EM13853863

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