Prepare a Schedule of Realized and Unrealized Profits for the Fiscal

question 14

Essay

Prepare a schedule of realized and unrealized profits for the fiscal year ended June 30,2010 for both companies.Show your figures before and after tax.

Identify and explain voter failure and its impacts on policy outcomes.

Describe examples of voter failure and understand their consequences for societal welfare.

Understand the concept of logrolling and its potential effects on economic efficiency.

Understand the concepts of producer and consumer surplus.

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Definitions:

Cash Flow

The total amount of money being transferred into and out of a business, especially affecting liquidity.

Base Pay Method

A compensation approach that determines the initial salary offered to an employee, not including extra forms of compensation like bonuses or overtime.

Market Pricing

The process of determining the salary levels and ranges for positions within a company by comparing them with similar jobs in the external labor market.

Job Evaluation

A systematic process for determining the relative value or worth of a job in an organization, which helps to establish fair compensation.