Question: 10. An increase in the depreciation expense will do which of the following? I. increase net income II. decrease net income III. increase the cash
10. An increase in the depreciation expense will do which of the following?
I. increase net income
II. decrease net income
III. increase the cash flow from assets
IV. decrease the cash flow from assets
A.II only
B.II and III only
C.I and IV only
D.II and III only
E.II and IV only
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