Rachelle Transfers Property with a Tax Basis of $825 and a Fair

question 116

Multiple Choice

Rachelle transfers property with a tax basis of $825 and a fair market value of $1,300 to a corporation in exchange for stock with a fair market value of $700 and $214 incash in a transaction that qualifies for deferral under section 351. The corporation assumed a liability of $386 on the property transferred. What is the corporation's tax basis in the property received in the exchange?

• A)$1,300
• B)$1,039
• C)$825
• D)$700

Apply understanding of operant conditioning to analyze real-life behaviors and reinforcement scenarios.

Understand the selectivity of phobias and the evolutionary perspective on fear conditioning.

Recognize the importance of measurable, observable behaviors in psychological research.

Understand what effective materials management entails and its support to firm's marketing objectives.

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Definitions:

Treynor-Black Model

A portfolio optimization model that blends passive and active management strategies to try to achieve excess returns with an acceptable level of risk.

Alpha Coefficient

A measure of the performance on a risk-adjusted basis of an investment portfolio, indicating excess return over the benchmark.

Beta Coefficient

A measure of the volatility, or systematic risk, of a security or a portfolio compared to the market as a whole.

Nonsystematic Variance

The variability in a security's or a portfolio's returns that is not related to overall market movements.