When depreciation expense increase

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Reference no: EM131959536

1. Select all that will happen when depreciation expense increase.

a) increase net income

b) decrease net income

c) increase the cash flow from assets

d) decrease the cash flow from assets

e) decrease in taxes

2. For a given stated rate of? interest, a sum compounded monthly will earn more interest than a sum compounded annually.

True

False

Reference no: EM131959536

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