thanks to a new federal program that will provide matching funds, a city has decided to build a new municipal park for city residents if it can pass the kaldor-hicks potential compensation test. you have been hired to conduct a study to determine if the park can pass the test. choose one method to measure willingness-to-pay for the benefits offered by the park. what are the major advantages and disadvantages of the method you selected

Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of