Examlex
Ronald Coase pointed out that in some cases people can eliminate externalities themselves, without government assistance.
Net Income
Profit after deduction of all operational, interest, and tax expenses.
Capital Account Balance
A measure of the financial value of a nation's assets minus liabilities in the capital account, reflecting changes like foreign investment.
Partnership Capital
The total funds contributed by the partners of a partnership firm, which are used in the business and represented on the firm's balance sheet.
Income-sharing Ratio
The predetermined proportion used to distribute earnings or losses among business partners or shareholders according to their agreement.
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