Melissa purchased 300 shares of ABC Corp stock for 80,000 on June 15, 2012, On August 12,

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Melissa purchased 300 shares of ABC Corp stock for 80,000 on June 15, 2012, On August 12, 2014, she sells her 300 shares for 45,000. On September 1 2014 she purchased 100 shares of ABC Corp for 15 000. What is Melissa's

1. realized gain or loss.

2. recognized gain or loss on the sale of the ABC.

Related Book For answer-question

Basic Statistics for Business and Economics

ISBN: 978-1260187502

9th edition

Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen

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Posted Date: Jan 02, 2021 05:36 PM

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Melissa purchased 300 shares of ABC Corp stock for 80,000 on June 15, 2012, On August 12,

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Basic Statistics for Business and Economics

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