A person owned 400 shares of XYZ common stock which cost $20,000. XYZ then had a 2-for-1 stock…


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A person owned 400 shares of XYZ common stock which cost $20,000. XYZ then had a 2-for-1 stock… 1 answer below ยป A person owned 400 shares of XYZ common stock which cost $20,000. XYZ then had a 2-for-1 stock split. After the split, the person sold 100 shares for $10,000. How much gain (or loss) resulted from the sale?Oct 14 2015 11:22 AM Jan 22 2016 08:47 AM

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