Answer:
public good
Explanation:
Based on the information provided within the question it can be said that the type of failure that is involved is known as a public good. This term refers to a good that can benefit various individuals but is not excludable to anyone based on whether they can pay or not. Such as the highways being built, since they cannot prevent individuals who do not pay from using it.
:0/0:0 even h i’d s a square tune quar an tine is bad
Answer:
doctor
Explanation:
Making sure everyone is well taken care of and prescribed the right medication
Answer:
Yes this statement was an error and its effect on financial statements of Woods will be that asset ( equipment in this case) would be overstated and obviously the net income of the company would also increase.
Explanation:
Here Woods accountant has made the error of debiting the cost of $500 on the asset account ( equipment) , which shouldn't have happened as the asset accounts have natural debit balance which means that when an amount is debited to the asset account it will increase the value of the asset.
So therefore here we can say that the asset here is overstated and if the assets are shown overstated it is natural that the income reflected would also be overstated.
Answer:
True
Explanation:
P/E ratio is the price to earning ratio. Investor look into this ratio before investing or buying share of the company as it shows the market value of the shares or demand of the shares in the market. If ratio is higher then investor anticipate the growth of the company´s earning in the future, it also show investors are willing to pay higher price for each dollar earning of the company.
Price earning ratio= 
