The incremental annual cash flow associated with the project is $12400
<h3>What is incremental annual?</h3>
Sales resulting from a higher volume of sales are known as incremental revenue. Establishing a baseline revenue level and comparing changes from that point onwards is required to calculate incremental revenue.
<h3>According to the given information :</h3>
Depreciation=[($63,000/7 years)-($75,000/5 years)
Depreciation=$9000-$15000
Depreciation=$6000
Now let calculate the Incremental annual cash flow
Incremental annual cash flow
={($16000-$6000) - [($16000-$6000)*34%]+$6000}
= {(10000)- [10000*34%]+6000}
= {(10000) - 3600+6000}
= {16000-3600}
= $12400
Incremental annual cash flow=$12400
Therefore the incremental annual cash flow associated with the project is $12400
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Answer:
Increasing Canadian GDP:
-Toyota, a Japanese company, manufactures cars in Toronto, Ontario.
-ATI Technologies, a Canadian company, operates in Alberta.
Increasing American GDP:
-Toyota, a Japanese company, manufactures cars in San Antonio, Texas.
-Starbucks, a U.S. company, opens stores in New York state.
-Tim Horton's, a Canadian company, opens coffee shops in New England.
Explanation:
Gross domestic product (GDP) is the sum of all final goods and services produced in an economic space for a certain period, usually one year, excluding the intermediate consumption used in production. Until the 1980's, the use of Gross National Product (GNP) was preferred, a measure almost identical to GDP but incorporating goods and services produced by external factors. The variation in this macroeconomic magnitude is often used to measure economic growth.
A cash payment received from a customer for a product purchased on account would be recorded as DEBIT TO CASH AND CREDIT TO ACCOUNT RECEIVABLE. Cash is debited because cash has been received by the company and it has to be debited to the asset account of cash. The account receivable is credited to record the fact that money has been received.
Answer:
c) Statement of Net Position; Statement of revenues, expenditures, and changes in fund balances; Statement of Cash Flows
Explanation:
Proprietry funds are accounts that are part of governmental institutions and non profits organizations and these require a high standard of transparency and accountability, so they are require to provide to the government the next statements: tatement of net assets; a statement of revenues, expenses, and changes in fund net assets; and a statement of cash flows.
This is accordingly to the summary of statements N. 34 from the Governmental Accounting Standards Board.
