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16. Companies are supposed to writedown value of assets if a permanent impairment of value or loss of utility occurs. If a company writes down

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16. Companies are supposed to writedown value of assets if a permanent impairment of value or loss of utility occurs. If a company writes down its assets this year the effect on: This year's RCA 1 Next year's ROA A) _ Increased 1 No change B) _ Decreased 1 No change C) _ Decreased 1 Decreased , D) , Decreased 1 Increased A. Option A B. Option B C. Option C 1); Option D

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