In 2018, stone, a cash basis taxpayer, incorporated her cpa practice. no liabilities were transferred. the following assets were transferred to the corporation: cash (checking account) $ 500 computer equipment adjusted basis 30,000 fair market value 34,000 cost 40,000 immediately after the transfer, stone owned 100% of the corporation's stock. the corporation's total basis for the transferred assets is group of answer choices

$30,000
$30,500
$34,500
$40,500

The sticky-price theory asserts that the output prices of some goods and services adjust slowly to changes in the price level. suppose firms announce the prices for their products in advance, based on an expected price level of 100 for the coming year. many of the firms sell their goods through catalogs and face high costs of reprinting if they change prices. the actual price level turns out to be 110. faced with high menu costs, the firms that rely on catalog sales choose not to adjust their prices. sales from catalogs will

Which three of the following expenses can student aid recover? -tuition -television -school supplies -parties and socializing -boarding/housing

Suppose your firm is considering investing in a project with the cash flows shown as follows, that the required rate of return on projects of this risk class is 10 percent, and that the maximum allowable payback and discounted payback statistics for the project are three and a half and four and a half years, respectively. use the irr decision to evaluate this project; should it be accepted or rejected