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Depreciation a. reduces the company's net income but not stockholders' equity. b. is treated as an operating cash outflow. c. is recorded as an expense
Depreciation
a. reduces the company's net income but not stockholders' equity.
b. is treated as an operating cash outflow.
c. is recorded as an expense when it is paid.
d. reduces the company's total assets and stockholders' equity by the same amount.
e. is recorded on the statement of cash flows in the period in which it is paid.
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