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1 3 . Xenos Company paid cash for a capital expenditure that improved the operating efficiency of one of its assets. Which of the following
Xenos Company paid cash for a capital expenditure that improved the operating efficiency of one of its assets. Which of the following reflects how this expenditure affects the companys financial statements?
Assets Liab. Equity Rev. Exp. Net Inc. Cash Flow
a NA NA NA NA NA IA
b NA NA NA NA NA NA
c NA NA OA
d NA NA NA NA NA NA NA
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