When the owner of an asset sells it for more than she paid for it, she has a(n)
A) unnatural profit.
B) tax-free profit.
C) asset accumulation.
D) realized capital gain.

Name: When the owner of an asset sells it for more than she paid for it, she has a(n) A) unnatural profit. B) tax-free profit. C) asset accumulation. D) realized capital gain.
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Question

Quizplus · Accepted Answer

When the owner of an asset sells it for more than she paid for it, it is called a realized capital gain.

When the Owner of an Asset Sells It for More