Arnold Corporation plans to acquire all the assets of Turner Corporation in an asset-for-stock exchange. Turner's assets have a $600,000 adjusted basis and a $1 million FMV. Which of the following transactions qualify as a Type C reorganization (assuming Turner liquidates as part of the reorganization)?a. The assets are exchanged for $800,000 of Arnold voting common stock and $200,000 of cash. b. The assets are exchanged for $800,000 of Arnold voting common stock and $200,000 of Arnold bonds. c. The assets are exchanged for $1 million of Arnold nonvoting preferred stock. d. The assets are exchanged for $700,000 of Arnold voting common stock and Arnold's assumption of $300,000 of Turner's liabilities. e. The assets are exchanged for $700,000 of Arnold voting common stock, Arnold's assumption of $200,000 of Turner's liabilities, and $100,000 in cash.

Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks

Select the word from the list that best fits the definition sometimes

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls