A capital gain is calculated by the equation: (a) Capital gain = book value selling price

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A capital gain is calculated by the equation:

(a) Capital gain = book value – selling price

(b) Capital gain = book value – first cost

(c) Capital gain = market value – selling price

(d) Capital gain = selling price – first cost

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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