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Question 5 If a company depreciates its fixed assets over 6 years as opposed to 10 years, in the EARLY years of using the more
Question 5
If a company depreciates its fixed assets over 6 years as opposed to 10 years, in the EARLY years of using the more accelerated depreciation, net income would ______, tax payments would __, and cash flow would
1. increase; decrease; increase
2. decrease; decrease; increase
3. decrease; increase; increase
4. increase; increase; decrease
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