The overall effect of depreciation

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1. The overall effect of depreciation is to ...

decrease income and decrease cash flow.

increase income and increase cash flow.

decrease income and increase cash flow.

neither increase nor decrease income or cash flow.

2. Which of the following are considered financial markets that facilitate the flow of funds from entities with surplus funds to the entities that have funding needs in excess of their incomes?

debt markets

money markets

All of the above.

equity markets

Reference no: EM131221547

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