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Last year Abby charged $3,060,000 Depreciation on the Income Statement of Andrews. If early this year Abby sold all its depreicable assets for their book

Last year Abby charged $3,060,000 Depreciation on the Income Statement of Andrews. If early this year Abby sold all its depreicable assets for their book value, the effect on Andrews's financial statements would be (all other items remaining equal):
Select: 1
No impact on Net Cash from operations
Increase Net Cash from operations
Decrease Net Cash from operations on the Cash Flow Statement

Just impact the Balance Sheet

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COMP ??? INQUIRER Google Chrome ? ww2.capsim.com cgi-bin/CpCGIReports2011 exe?studentKey=1602299&simid=CS95598 round=8&Report-CapCourier AnnReport#AR1 nnual Report 2021 Income Statement 2021 Comrmn Product Name) Alan Apple Ale Alpha Na 28,172 5534 564,973 5S9,205 540 36 2.485 e Coats: 13,076 19622 18,764 515,995 11969 10.819 11,520 $21.004 21,798 S19,459 S1257 8,783 S43 25,958 526 42.606 539,072 526 27 19.625 SO 50 51 rect Matenal nventory Cany $95.120 S8807 35.2% 33% S0 S2,045 $3,61 51,730 S2.204 S13.160 S22.367 S20. 134 S14092 S3.061 575.025 2B.1% $3,080 .773 1,654 1,78 51.173 1,400 30 $11.842 4.4% 285 S1,400 1.400 1,550 6,0D3 5,11 402 1,400 5140031.400 31,400 51400 .000 $1,550 1600 1,550 S0 $9,050 3.4% $542 034 $1,249 1,138 56,552 5.129 ,331 let Margn 54 4) 5 09 16,036 14,1 552,541 coats incun uct that was sold. Inventory Carry Cost the cest to cary unsold goods in inventory EBIT $28,031 10.4% eciation. Caculaled an straighl-ine 15 year degreciation of plant vaue. R&0 Cost R&O EE partmentexpendtures fr each prodel Admin Administratonove headis estimated at 1 5% hort Trm Interest s. Promotions The promobon budget for each product. Sales: The sales torte tudget tor LongTerm Inerest ach product Other Charges nol roluded in clhe' elogor es such ?8 Fee8. Vitite 0??, and 56,542 2.4% The fos incluce money paid to inveatment bankars and brokorage frms to aue new cks orbonds plus consuling fees your instructor might 35555. Wnte-ts include the loss you Nei Pron might experience when you sell capscity or liquidale inventory as the result cfelmnating ? cducion inc Ithe amcunt appears as anegati amount, then you actualy made money on quidabon of capacity ar inventory EBIT: Eamings Before Interest and Taxes. Short Term VariableMargins 2008 Andrews nterest Interest eapense based on lastyears curment debt, including shor erm debt long term oles that have become due, and emengoncy loana Long Term Intereat Interast paid on bonds Taxes: Income tac based upon a 35% tax rate Profit Sharin Protts ith emplogees under the labor contract. Net Profit EBIT minus interest, taxes, and pront 30.0% 20.0% 10.0% 0.0% ProfitHistory Market Share History $20,000 $15,000 10,000 $5,000 20% 0% 2013 2015 2017 2019 2021 2013 2015 2017 2019 2021 431 PM O Type here to search

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