Carlos transfers property with a tax basis of $755 and a fair market value of $1,250 to a corporation in exchange for stock with a fair market value of $1,095 and $63 in cash in a transaction that qualifies for deferral under section 351. The corporation assumed a liability of $92 on the property transferred. What is the corporation's tax basis in the property received in the exchange

What should a food worker use to retrieve ice from an ice machine?

The rybczynski theorem describes: (a) how commodity price changes influence real factor rewards (b) how commodity price changes influence relative factor rewards. (c) how changes in factor endowments cause changes in commodity outputs. (d) how trade leads to factor price equalization.

Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.