What does describe the impact of the Building Purchase option on Bubble & Bee’s financial statements...
What does describe the impact of the Building Purchase option on Bubble & Bee’s financial statements if nothing else in the financial figures changes?
a. decrease PP&E
b. decrease Debt
c. increase depreciation
d. increase Net Income
Homework Answers
Hello SIr/ Mam
YOUR REQUIRED ANSWER IS OPTION C : increase depreciation
The purchase of building will lead to increase in the value of PP&E and fall in the bank balance. Also, with increase in PP&E, depreciation will also increase.
I hope this solves your doubt.
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What does describe the impact of the Building Purchase option on Bubble & Bee’s financial statements...
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