Cold duck airlines flies between tacoma and portland. the company leases planes on a year-long contract at a cost that averages $600 per flight. other costs (fuel, flight attendants, etc.) amount to $550 per flight. currently, cold duck's revenues are $1,000 per flight. all prices and costs are expected to continue at their present levels. if it wants to maximize profit, cold duck airlines should:

Tara incorporates her sole proprietorship, transferring it to newly formed black corporation. the assets transferred have an adjusted basis of $240,000 and a fair market value of $300,000. also transferred was $10,000 in liabilities, $1,000 of which was personal and the balance of $9,000 being business related. in return for these transfers, tara receives all of the stock in black corporation. a. black corporation has a basis of $241,000 in the property. b. black corporation has a basis of $240,000 in the property. c. tara’s basis in the black corporation stock is $241,000. d. tara’s basis in the black corporation stock is $249,000. e. none of the above.

The new york stock exchange is an example of what type of stock market?

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