Answer:
B
Explanation:
As more consumers move in, the demand curve for the store's products would increase (shift to the right) as it is influenced by factors other than price.
While option A could be an eventual outcome, it would only follow an increase in Demand. Note that a change in price would result in movement along the curve.
There is not sufficient information to support Option C
Option D is wrong because higher demand would result in higher revenues, assuming all else remains constant.
Answer:
Type C” reorganization
Explanation:
The restructuring qualifies as “Type C” reorganization because minimum 80% of assets of Target are obtained with Acquiring stock. At least 90% of the net assets and 70% of the gross assets are transferred from Target for Acquiring stock of voting. The exchange does not qualifies as a “Type A” as none of the liabilities are assumed by Acquiring. Therefore, the restructuring qualifies as “Type C” reorganization.
Answer:
The correct answer is letter "B": corporation.
Explanation:
A Corporation is an organization -usually a large business- with specific characteristics. Under the law, corporations are deemed separate legal entities from their owners. This means that <em>corporations themselves, not the owners, are legally liable for their actions and debts.</em>
Answer:
The warehouse should be recorded at $600000
Explanation:
The historical cost pricniple or convention is a really important convention in accounting that states and requires that assets should be recorded in the books at the orignal price thata was paid for them at the time of purchase. Thus, basing our decision on the historical cost principle, as Green Enterprises purchases the warehouse at a cost of $600000, it should be recorded at this cosy only.
