Examlex
It has been proposed that a government agency be charged with the task of determining the amount of pollution that the atmosphere (or a body of water) can safely absorb, establish "rights" to
This limited amount of pollution, and sell those limited amount of rights to firms. The firms can then
Buy and sell these rights among themselves later. This approach is known as the
Annual Net Incomes
The total profit of a company after all expenses and taxes have been deducted from revenues for one year.
Salvage Value
The estimate of an asset's worth at the end of its useful life.
Average Accounting Return
A financial ratio that measures the net profit of a project or investment as a percentage of its initial cost.
Straight-line Depreciation
A method of allocating the cost of a tangible asset over its useful life in equal yearly amounts.
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