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The management of Scott company decided to beautify the financial statements by changing the depreciation period of the equipment from 8 years to 1 5
The management of "Scott" company decided to "beautify" the financial statements by changing the depreciation period of the equipment from years to years. What will be the effect of this change on the company's financial statements? A Cash flow from current operations will increase. B Net profit will decrease. third. Cash flow from investing activities will decrease. d Net profit will increase. e Answers A to D are incorrect.
The management of "Scott" company decided to "beautify" the financial statements by changing the depreciation period of the equipment from years to years.
What will be the effect of this change on the company's financial statements?
A Cash flow from current operations will increase.
B Net profit will decrease.
third. Cash flow from investing activities will decrease.
d Net profit will increase.
e Answers A to D are incorrect.
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