Watson Industries Inc., a CCPC, disposed of vacant land that it had owned for seven...
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Watson Industries Inc., a CCPC, disposed of vacant land that it had owned for seven years. The net proceeds of disposition on the sale were $200,000 while the adjusted cost base $90,000. Calculate the impact, if any, this sale will have on Watson Industries' Capital Dividend Account (CDA)? No impact O$55,000 addition O $90,000 addition O $110,000 addition With regard to active and passive investment styles, which one of the following statements is true? Both styles involve the process of buying and selling sticks in relationship to their intrinsic value O Active investing supports the theory of a weak and semi strong efficient market Both styles involve the active selection of some securities and the rejection of others Passive investors are satisfied with investment returns that mirror the market
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