Sun corp. sells merchandise to customers. sun should normally recognize a. revenue when the cash is collected and the expenses when sun pays its creditor for the merchandise. b. cash revenue only and the related expenses in the same accounting period as earned whether payment is received or not. c. revenue and expenses after all payments are collected. d. cash and credit revenue in the same accounting period as earned and the related expenses incurred whether payment is received or not.

For each example identify the most appropriate ctso

4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms.a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.

When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates