The purpose of an executive summary is to A. combine information from various sources in novel and insightful ways that do not require citation. B. provide a memo of transmittal. raise the credibility of your report by carefully providing cause-effect statements. C. represent briefly the most important elements of your report, including key findings and conclusions. D. provide a reference list of all your sources at the end of the report.

Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine