A majority of citizens in a community do not agree with a minority of citizens that the community needs a nonprofit organization to serve the needs of homeless citizens. This sentence is an example of ______.
A. an externality
B. market failure
C. government failure
D. demand heterogeneity
D. demand heterogeneity
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Adriana and Belen are partners who share income in the ratio of 3:2 and have capital balances of $50,000 and $90,000 at the time they decide to terminate the partnership. After all noncash assets are sold and all liabilities are paid, there is a cash balance of $90,000 . How much cash should be distributed to Adriana?
a. $50,000 b. $20,000 c. $30,000 d. $45,000
The notes to the financial statements provide information on the components of book income before taxes, the current and deferred portions of income tax expense, a reconciliation between income taxes at the statutory rate and the effective rate, and the components of deferred tax assets and deferred tax liabilities
Indicate whether the statement is true or false
Woodsman Inc produces a variety of wood finishing products including gallons of varnish that it manufactures and packages under its own name. The company has computed the required production of gallons of varnish it will need for the first three months of 2013 as follows: January 300,000 gallons February 340,000 gallons March 400,000 gallons Each gallon of varnish requires 10 ounces of a special
chemical. This chemical costs $.25 per ounce. The company has determined that it needs 20 percent of next month's raw material needs on hand at the end of each month. The cost of the direct material that should be purchased in February is: A) $920,000 B) $950,000 C) $880,000 D) $850,000
In the new project management professionalism model:
A) Personnel should be in a state of flux with regard to job assignment. B) Process skills will not be important. C) Traditional project champion activities will supplant the currently emphasized nontraditional skills. D) Project management should be a dedicated career path.