Carla incorporated her sole proprietorship by transferring inventory, a building, and land to the corporation in return for 100 percent of the corporation’s stock. the property transferred to the corporation had the following fair market values and adjusted bases: - fmv tax-adjusted basis inventory $ 20,000 $ 10,000 building 150,000 100,000 land 250,000 300,000 total $ 420,000 $ 410,000 the corporation also assumed a mortgage of $120,000 attached to the building and land. the fair market value of the corporation’s stock received in the exchange was $300,000. (negative amounts should be indicated by a minus sign. leave no answer blank. enter zero if applicable.) a) what amount of gain or loss does carla realize on the transfer of the property to her corporation? b) what is carla's basis in the stock she receives in her corporation? c) would you advise carla to tranfer the building and land to the corporation? what tax benefits might she and the corporation receive if she kept the building and land and leased it to the corporation?

Recently, verizon wireless ran a pricing trial in order to estimate the elasticity of demand for its services. the manager selected three states that were representative of its entire service area and increased prices by 5 percent to customers in those areas. one week later, the number of customers enrolled in verizon's cellular plans declined 4 percent in those states, while enrollments in states where prices were not increased remained flat. the manager used this information to estimate the own-price elasticity of demand and, based on her findings, immediately increased prices in all market areas by 5 percent in an attempt to boost the company's 2016 annual revenues. one year later, the manager was perplexed because verizon's 2016 annual revenues were 10 percent lower than those in 2015"the price increase apparently led to a reduction in the company's revenues. did the manager make an error? yes - the one-week measures show demand is inelastic, so a price increase will decrease revenues. yes - the one-week measures show demand is elastic, so a price increase will reduce revenues. yes - cell phone elasticity is likely much larger in the long-run than the short-run. no - the cell phone market must have changed between 2011 and 2012 for this price increase to lower revenues.

Working with a word processor requires more than just a knowledge of typing. a good word processor includes a number of tools designed to aid in formatting documents to meet the needs of the reader. in this project you will use your word-processing skills and a basic knowledge of apa style to format a research paper. the skills you will need for this project include the following: adjusting line spacing (double-spacing) breaking text into pages (page break) centering text changing the font, style, and size of the text editing text inserting page numbers inserting a table using spell check

Under t, the point (0,2) gets mapped to (3,0). t-1 (x,y) →