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

Suppose there are only three people in the economy: jane, harry, and bob. the individual demand for corn for each of these consumers is given in exhibit 3-1. the total quantity demanded of corn if the market price is $5 is

In north korea, a farmer’s income is the same as a dentist’s income. in a country with a mixed or market economy, the difference between those two professions might be more than 5 times different. how can you explain the fact that individuals doing the same work in different countries do not earn comparable salaries?

Krier industries has just completed its sales forecasts and its marketing department estimates that the company will sell 43,800 units during the upcoming year. in the past, management has maintained inventories of finished goods at approximately 3 months' sales. however, the estimated inventory at the start of the year of the budget period is only 7,300 units. sales occur evenly throughout the year. what is the estimated production level (units) for the first month of the upcoming budget year?