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What the effect on andrews financial statements would be

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Question 1: Last year Ace charged $6,532,000 Depreciation on the Income Statement of Andrews. If early this year Ace purchased a new depreciable asset, the effect on Andrews's financial statements would be (all other items remaining equal):

Option 1: Decrease Net Cash from operations on the Cash Flow Statement

Option 2: Increase Net Cash from operations

Option 3: No impact on Net Cash from operations

Option 4: Just impact the Balance Sheet

Reference no: EM132484695

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