Carrie received 10 shares of Collie common stock as a 10 percent dividend on the 100 common

Question:

Carrie received 10 shares of Collie as a 10 percent on the 100 common shares she currently owns. She paid $4,400 for the original shares. If she sells the 10 shares that she just received for $800, what is her gain or loss on the sale?
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...