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OO QUESTION 4 An analyst makes an adjustment for understated depreciation, increasing Company ABC's Accumulated Depreciation (on PP&E) by an amount of 10 million. The

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OO QUESTION 4 An analyst makes an adjustment for understated depreciation, increasing Company ABC's Accumulated Depreciation (on PP&E) by an amount of 10 million. The Company's tax rate is 40 percent. In the financial statements, this adjustment Decreases net non-current assets by 10 million and decreases equity by 10 million. Increases net non-current assets by 10 million and increases equity by 10 million. Decreases net non-current assets by 10 million, decreases equity by 6 million, and decreases other non-current liabilities by 4 million. Decreases net non-current assets by 10 million, decreases equity by 6 million, and decreases net debt by 4 million

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