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Depreciation for a profitable firm: Group of answer choices a . decreases net fixed assets, net income, and operating cash flows. b . reduces both
Depreciation for a profitable firm:
Group of answer choices
a decreases net fixed assets, net income, and operating cash flows.
b reduces both the net fixed assets and the costs of a firm.
c increases the net fixed assets as shown on the balance sheet.
d decreases both operating and net income.
is a noncash expense which increases the net operating income.
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