Answer: Option B
Explanation: In simple words, price elasticity refers to the degree of change that a commodity experiences due to change in its price.
In case of coca- cola, the price elasticity will be high as it has a close substitute available in the market named Pepsi. Therefore, if coca-coal increases its prices,its consumers would shift their demand to Pepsi.
Thus,from the above we can conclude that the correct option is B.
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:
E. All of the above
Explanation:
The cost of the land could be computed by adding the purchase price of the land, its assessment done by the local governments, removing cost of the existing buildings, insuring fees for the title
Therefore as per the given situation, it includes all the things mentioned in the question
Therefore the correct option is E
hence, the same is to be considered
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