Answer:
Explanation:
Statement of retained earning represent the changes in retained earning balance during the year and accumulated beginning balance of the period and Ending balance as well. It deals with all the adjustment in retained earning like net income transfer fro the year, dividend paid during the year etc.
Splish Corporation
Retained Earning Statement
for the year ended December 31, 2020
$
Retained Earning at January 1, 2020 707,000
Less: Cash Dividend paid during 2020 85,000
Add: Net Income for the year 2020 <u>1,428,500</u>
Retained Earning ath December 31 2020 <u>2,050,500</u>
Hi
The answer is : A
Resource use, production, and distribution of goods and services.
I hope that's help:)
The answer is: C. government should become involved in markets when those markets fail to produce efficient or fair outcomes.
When left without regulations, many companies decided to do unfair business practice such as putting materials that dangerous for the consumers or giving their employees with unfair wages.
Because of this, government need to step in and make regulations to watch over the companies. (such as determining which materials would be safe as ingredients or creating legislation that regulate the minimum wages in the state)
An externality is internalized (a) if the person(s) or group that generated the externality incorporate into their own private cost-benefit calculations the external benefits (in the case of a positive externality) or the external costs (in the case of a negative externality) that third parties bear.
Explanation:
<u>Internalizing the externality means transferring the burden or the cost of a negative externality (like pollution or traffic congestion) to inside(i.e external to internal).</u>
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- <u>Internalization of externality can be done through taxes, property rights, tolls, and government subsidies.</u>
- <u>The only way of correcting an externalities is to "internalize" the third party cost involved but this market -driven approach is not feasible </u><u>if the true monetary values cannot be determined.</u>
An externality is internalized if the person(s) or group that generated the externality incorporate into their own private cost-benefit calculations the external benefits (in the case of a positive externality) or the external costs (in the case of a negative externality) that third parties bear.