Question
Can someone show me how to do this question? Detailed steps please (use formulas) Will rate a thumb up for good response, thanks so much!
Can someone show me how to do this question? Detailed steps please (use formulas) Will rate a thumb up for good response, thanks so much!
If you add or increase $50 of depreciation expense and the tax rate is 20%, how much? Will operating income or EBIT change by and how much will net income change by? Please mention clearly the amount and whether up, down or no change. How will the following balance sheet items change?
Operating Income Amount? Up/Down/No Change&Why?
Net Income Amount? Up/Down/No Change&Why?
Accumulated Depreciation Amount? Up/Down/No Change&Why?
Net Fixed Assets Amount? Up/Down/No Change&Why?
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