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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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