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Depreciation does which one of the following for a profitable firm?

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Depreciation does which one of the following for a profitable firm?
Answered Same Day Dec 29, 2021

Solution

Robert answered on Dec 29 2021
141 Votes
Depreciation does which one of the following for a profitable firm?
Increases net income
Increases net fixed assets
Decreases net working capital
Lowers taxes
has no effect on net income
Explanation;
Depreciation refers to reduction in the value of an asset with the efflux of time or due to...
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