Manasa’s Steak House is evaluating a capital expenditure proposal with the following predicted cash flows: Initial investment $40,000 Operations, each year for four years 15,000 Residual value 5,000 At a discount rate of 12 percent, the project’s net present value is

During the current year, luis university received a $50,000 gift from an alumna who specified that it must be used to pay travel costs for faculty to attend health care conferences in foreign countries. during the year the university spent $8,000 to support travel to a health care conference in italy. the $8,000 disbursement will cause a net decrease in which class of net assets?