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[SOLVED] Last year Aft charged $5,040,000 Depreciation on the Income Statement of Andrews.

Last year Aft charged $5,040,000 Depreciation on the Income Statement of Andrews. If Aft sold a fully depreciated piece of equipment at a loss, the effect on Andrews's financial statements would be (all other items remaining equal):

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



honeyd


20-04-21 | 21:35:29

depreciation is added to net cash from the operation. if an asset is sold, the depretoation amounted to added decreases. therefore
Decrease Net Cash from operations on the Cash Flow Statement

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