Question
Joe E. Conomist purchased 100 shares of IBM corporation in 2011 for $10,000. In 2014, Joe sold these shares to Sally Forth for $15,000. Howwould
Joe E. Conomist purchased 100 shares of IBM corporation in 2011 for $10,000. In 2014, Joe sold these shares to Sally Forth for $15,000. Howwould this sale of stock in 2014 affect IBM corporation?
- IBM makes $5,000 in profit.
- IBM invests $5,000 in capital equipment
- IBM suffers a loss of $5,000.
- IBM is unaffected.
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A Financial Crisis Manual Reflections And The Road Ahead
Authors: Dimitrios D. Thomakos , Platon Monokroussos, Konstantinos I. Nikolopoulos
1st Edition
