______ Involves Analyzing Previously Collected Public Data to Answer New

question 10

Short Answer

______ involves analyzing previously collected public data to answer new research questions.

Recognize the components and purpose of pro forma financial statements.

Identify and calculate net working capital and its impact on cash flows.

Analyze and decide on capital budgeting projects using discounted cash flow techniques.

Evaluate the cost-effectiveness of machinery or equipment through comparison of equivalent annual cost and other financial metrics.

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Definitions:

Marginal Social Cost

An increased charge to the general public for the creation of one more unit of a product or service.

Pollution

The presence in or introduction into the environment of a substance or thing that has harmful or poisonous effects.

Marginal Social Benefit

The additional benefit society gains from consuming one more unit of a good or service.

Marginal Social Cost

The additional cost imposed on society as a whole by producing one extra unit of a good or service.