Johnny has invested in 10 shares of a big name electronics company. each share is worth $150.28, and the company pays johnny $2.13 for each share that he owns. with his 10 shares he earns $21.30 per year. what is this type of earning called? a) capital gain b) dividend income c) interest income d) adjusted gross income

The answer is b because I had the on USA test prep and got it wrong and it showed me the right answer which is dividend income

The correct answer is letter B: dividend income. It refers to the distribution of earnings made from companies to the share owners. The taxation of a dividend income is defined by a quality called "qualified dividend", meaning that it will be taxed at lower rates considering other sources of income. In order to be considered a "qualified dividend" it must have been paid by a US company and also the share owner must have owned it for more than 60 days during a 121-day period.

all freedom fighters demanded for constitution. so british finally granted india it's freedom. then a constituent assembly was formed. it's chair man was rajendra prasad and its deputy chairman was dr. br ambedkar.

this assembly take the time of about one year than our constitution was finally formed.

explanation:

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