Moon bakery company is considering automated baking equipment that costs $500,000 installed and would replace the present hand-made production method. the present equipment has a zero book and salvage value. the new equipment will not increase revenues but will reduce operating costs from a current level of $600,000 to $300,000 per the depreciation of the new equipment will be $73,000 per year. what are the annual incremental net cash flows? assume a marginal tax rate of 40 percent.

Which of the following statements is true regarding the definition of a fund? a fund is a fiscal entity which is designed to provide reporting that demonstrates conformance with finance-related legal and contractual provisions separately from gaap reporting. a fund exists to assist in carrying on activities and attaining objectives where there are no specific rules or restrictions. a fund is an accounting entity which is designed to enable reporting in conformity with gaap without being restricted by legal or contractual provisions. a fund is a mechanism developed to provide accounting for revenues and expenditures that are subject to certain restrictions separate from revenues and expenditures that are not subject to restrictions.

Which feature is a characteristic of a corporation?

Select the correct answer. which is a benefit of planning for your future career? a.being less prepared after high school. b.having higher tuition in college. c.earning college credits in high school. d.ruining your chances of having a successful career.