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An increase in the depreciation expense will do which of


An increase in the depreciation expense will do which of the following for a firm with taxable income of $80,000?

I. Increase net income.

II. Decrease net income.

III. Increase the cash flow from assets.

IV. Decrease the cash flow from assets.

I only.

II only.

I and III only.

II and III only.

II and IV only.

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Financial Management: An increase in the depreciation expense will do which of
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