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Discuss the cash flow statement

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Reference no: EM131781882

Last year Ace charged $4,138,400 Depreciation on the Income Statement of Andrews. If early this year Ace sold all its depreicable assets for their book value, the effect on Andrews's financial statements would be (all other items remaining equal):

Select: 1

Increase Net Cash from operations
No impact on Net Cash from operations
Just impact the Balance Sheet
Decrease Net Cash from operations on the Cash Flow Statement

Reference no: EM131781882

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