Products with Reduced Energy and Pollution Connected with Their Manufacture

question 52

Multiple Choice

Products with reduced energy and pollution connected with their manufacture and disposal are known as:

• A)green resources.
• B)quality products.
• C)waste management.
• D)green products.

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Definitions:

Salvage Value

The forecasted sale price for an asset at the termination of its usability period.

MACRS Depreciation

Modified Accelerated Cost Recovery System; a method of depreciation used for tax purposes in the United States that allows for faster expense deductions.

Working Capital

The difference between a company’s current assets and current liabilities, used to fund the company's day-to-day operations.

Marginal Tax Rate

The rate at which the last dollar of income is taxed, indicating the percentage of tax applied to your next dollar of income.