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Capital Gains Is Best Described As

Question 370

Multiple Choice

Capital gains is best described as:


A) The increase in the market value of current assets.
B) The increase in the market value of long-term capital assets.
C) The increase in value of shareholders' equity.
D) The increase in value of a firm's intangible assets.
E) The growth in value of investments that were purchased at a lower price than the amount sold.

Correct Answer:

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