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Assume that The Cheesecake Factory paid cash for all costs of building and equipping its new restaurant in Pittsburgh. How will Cheesecake Factory's total assets

Assume that The

Cheesecake Factory

paid cash for all costs of building and equipping its new restaurant in Pittsburgh. How will

Cheesecake Factory's

total assets be impacted by this event? (Ignore the impact of depreciation when answering this question.)

Question content area bottom

Part 1

A.

Total assets will not be impacted by this transaction

B.

Will increase total assets

C.

Will decrease total assets

D.

Not enough information given to determine impact on total assets

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