Which of the following is not a reason that private firms do not provide public goods?
a. the free-rider problem
b. public goods are unprofitable
c. the price system doesn't assign the cost of public goods to all
consumers
d. the government refuses to grant subsidies to firms who provide public
goods

Last year, western corporation had sales of $5 million, cost of goods sold of $3 million, operating expenses of $175,000 and depreciation of $125,000. the firm received $40,000 in dividend income and paid $200,000 in interest on loans. also, western sold stock during the year, receiving a $40,000 gain on stock owned 6 years, but losing $60,000 on stock owned 4 years. what is the firm's tax liability?

Need true or false 1 2 3 4 5 6 7 8

Zapper has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by stockholders of $6,000. its ending equity is