Giant Ltd. owns 100% of the stock of Middle Corporation. BottomCorp is owned 60% by Giant and 40% by Middle. Giant's Federal consolidated income tax return includes both Middle and Bottom
a. True
b. False
Indicate whether the statement is true or false
True
RATIONALE: The required ownership is 80% for tax purposes, counting multiple tiers of ownership among the group members.
Business
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Alpha Beta Inc. is a self-service shop that offers a wide variety of foods and household products, organized into aisles. Alpha Beta is a _____
a. supermarket b. drugstore c. warehouse club d. factory outlet
Business
Which of the following is a pricing strategy that turns the typical assumption about price-demand relationships on its head?
A) penetration pricing B) price bundling C) assimilation effect pricing D) placebo effect pricing E) prestige pricing
Business