Which statement defines externality?

You just won a lottery prize of $95,000. While you plan to use some of the sum to pay off your student loans, you would like to have a total of $100,000 saved in an account in 8 years.

On January 1, 2017, Sandhill Corporation sold a building that cost $258,210 and that had accumulated depreciation of $105,500 on the date of sale. Sandhill received as consideration a $248,210 non-interest-bearing note due on January 1, 2020.

Leigh has three children but has not written her will which danger will she more than likely face if she dies without a will?

As an investor and based on your understanding of risk, which of the following statements is true? (A) You should invest in a stock if the expected rate of return on an asset with similar risk is higher than the expected rate of return from the

During 2014, Bascom Bakery paid out $33,525 of common dividends. It ended the year with $197,500 of retained earnings versus the prior year's retained earnings of $159,600. How much net income did the firm earn during the year

A master plan is devised for a. emergencies. b. long-range goals. c. investments. d. short-term goals

Adama Company reported a net loss of $6,000 for the year ended December 31, 2014. During the year, accounts receivable increased $15,000, merchandise inventory decreased $12,000, accounts payable decreased by $20,000, and depreciation expense of

2. Which of the following headlines is more closely related to what microeconomists study than to what macroeconomists study? a. Unemployment rate falls from 7.5 percent to 7.3 percent. b. Real GDP falls by 0.4 percent in the third quarter. c.

Scenario 1: suppose savers either buy bonds or make deposits in savings accounts at banks. initially, the interest income earned on bonds or deposits is taxed at a rate of 20%.

Charm Co. owns a delivery truck with an original cost of $10,000 and accumulated depreciation of $7,000. Charm acquired a new truck by exchanging the old truck and paying $2,000 in cash.