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Define depreciation expense as it appears on the income statement. How does depreciation affect cash flow?
The term accounting depreciation is the allocation of an asset's initial cost over time. Depreciation expenditure on an income statement is the amount of the asset's initial cost allocated to the period that is covered by the income statement.
The expense of Depreciation is not a cash flow. Depreciation as an expense category influences cash flow, though, because it is tax-deductible. Depreciation expense lowers a company's taxable income and, hence its income tax liability. In this way depreciation decreases cash outflows.
Prices of Calls and Puts Options the shares of Marks & Spencer a) Explain carefully why the November calls are trading at higher prices than the September calls. b) Draw
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It is a trust developed by a married couple with the purpose of minimizing estate taxes. An A-B trust is a trust that splits into two on the death of the first spouse. It is produc
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how do legal consideration affect a firms credit policy
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