Last year Aft charged $1,428,000 Depreciation on the Income Statement of Andrews. If early this year Aft purchased a new depreciable asset, the effect on Andrews's financial statements would be (all other items remaining equal): Select: 1 Increase Net Cash from operations No impact on Net Cash from operations Just impact the Balance Sheet Decrease Net Cash
Last year Aft charged $1,428,000 Depreciation on the Income Statement of Andrews. If early this year Aft purchased a new depreciable asset, the effect on Andrews's financial statements would be (all other items remaining equal): Select: 1 Increase Net Cash from operations No impact on Net Cash from operations Just impact the Balance Sheet Decrease Net Cash from operations on the Cash Flow Statement