Answer: 1. Charities
2. Government action the only viable solution
Explanation:
Externalities are the resultant additional effects that are experienced by others as a result of actions by an economic agent who does not bear the extra aformentioned cost or benefit that their actions bring about.
1. Private Solutions to Externalities include any solution independent of the government.
The above Private Solution is Charities because it was a Non-profit Environmental Organization that dealt with the lobbying for the reduction to be acted upon by state agents. These types of organisations are usually Charities.
2. If it is shown that the potential gains are viewed to be quite high as in this case then negotiating with the polluters might not work. In this case Government Intervention is needed to force the polluters to adhere to rules and regulations.
Answer:
Explanation:
The journal entry is shown below:
Inventory A/c Dr $73,500
To Accumulated depletion A/c $73,500
(Being the depletion is recorded)
The computation is shown below
First we have to compute the depletion per ton which is shown below:
= (Acquired cost of coal mine + Intangible development costs + fair value of the obligation - Sale value) ÷ (Number of estimated tons of coal extracted)
= ($400,000 + $100,000 + $80,000 - $160,000) ÷ (4,000 tons)
= $105
Now if 700 are extracted in first year, so the depletion would be
= 700 × $105
= $73,500
Answer:
State.
Explanation:
About two-thirds of all U.S. commercial banks are chartered by the state in which they are based.The banks are called state banks.
A state bank can be defined as any bank that receives or got its charter from a state government but not the federal government of the United States of America. In the United States of America, a state bank reserves the right to either be a member of the Federal Reserve System ("The Fed") or not and as such, can only do business within the state and be regulated by the state where it is operating.
<em>Some examples of state banks in the United States of America are California Bank of Commerce, CalPrivate Bank, United Pacific Bank, Citizens Business Bank etc. </em>
Answer:
On the balance sheet, the inventory would appear as:
Inventory $248,000
Explanation:
In the notes to the accounts, the method of determining the cost and the method of valuing the inventory would be disclosed. It is not disclosed on the balance sheet, but on the notes to the accounts.
It would make the balance sheet appear unorganized to include details that should have been included in the notes. The presentation of information is very important in order to ensure that those reading the information understand it. Understanding is not aided by including information that could be displayed elsewhere.
Answer:
The phrase indicating the advantage of matrix organizational structure is "makes it possible to focus on the coordination and integration between units".
The matrix structure is the structure in an organization in which relationships are not set up as hierarchy as traditional but in the form of a grid, which means that each employee would have dual responsibility as a functional and product development. Thanks for this structure, it could be possible for the company to integrate the objectives of the whole business with each functional department's objectives and within the internal system.
