Question
q1. Last year Abby charged $2,321,467 Depreciation on the Income Statement of Andrews. If Abby sold a fully depreciated piece of equipment at a loss,
q1. Last year Abby charged $2,321,467 Depreciation on the Income Statement of Andrews. If Abby sold a fully depreciated piece of equipment at a loss, the effect on Andrews's financial statements would be (all other items remaining equal):Select: 1
Just impact the Balance Sheet
Increase Net Cash from operations
Decrease Net Cash from operations on the Cash Flow Statement
No impact on Net Cash from operations
q2. The Baldwin company wants to decrease its plant utilization for Beetle by 15%. How many units would need to be produced next year to meet this production goal? Ignore impact of accounts payable on plant utilization.Select: 1
1,881
1,363
1,604
2,159
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