Depreciationa reduces both taxes and net incomeb increases, Ask an Expert

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Depreciation:

A) reduces both taxes and net income.

B) increases the net fixed assets as shown on the balance sheet.

C) reduces both the net fixed assets and the costs of a firm.

D) is a noncash expense which increases the net income.

E) decreases net fixed assets, net income, and operating cash flows.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91415961

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