Question: An increase in intellectual property, reflected as intangible assets on the balance sheet, will decrease profitability at Apple. A. True B. False Also, let's say

An increase in intellectual property, reflected as intangible assets on the balance sheet, will decrease profitability at Apple.

A. True

B. False

Also, let's say Apple has zero debt in the beginning. Would an increase in debt cause a decrease in Net Income?

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