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Balance Sheet Net Property, Plant

Question 32

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Balance Sheet Balance Sheet Net property, plant, The above diagram shows a balance sheet for a certain company. All quantities shown are in millions of dollars. How would the balance sheet change if the company's long-term assets were judged to depreciate at an extra $5 million per year? A) Net property, plant, and equipment would rise to $126 million, and total assets and stockholders' equity would be adjusted accordingly. B) Net property, plant, and equipment would fall to $116 million, and total assets and stockholders' equity would be adjusted accordingly. C) Long-term liabilities would rise to $131 million, and total liabilities and stockholders' equity would be adjusted accordingly. D) Long-term liabilities would fall to $111 million, and total liabilities and stockholders' equity would be adjusted accordingly. Balance Sheet Net property, plant, The above diagram shows a balance sheet for a certain company. All quantities shown are in millions of dollars. How would the balance sheet change if the company's long-term assets were judged to depreciate at an extra $5 million per year? A) Net property, plant, and equipment would rise to $126 million, and total assets and stockholders' equity would be adjusted accordingly. B) Net property, plant, and equipment would fall to $116 million, and total assets and stockholders' equity would be adjusted accordingly. C) Long-term liabilities would rise to $131 million, and total liabilities and stockholders' equity would be adjusted accordingly. D) Long-term liabilities would fall to $111 million, and total liabilities and stockholders' equity would be adjusted accordingly. Net property, plant,
Balance Sheet Net property, plant, The above diagram shows a balance sheet for a certain company. All quantities shown are in millions of dollars. How would the balance sheet change if the company's long-term assets were judged to depreciate at an extra $5 million per year? A) Net property, plant, and equipment would rise to $126 million, and total assets and stockholders' equity would be adjusted accordingly. B) Net property, plant, and equipment would fall to $116 million, and total assets and stockholders' equity would be adjusted accordingly. C) Long-term liabilities would rise to $131 million, and total liabilities and stockholders' equity would be adjusted accordingly. D) Long-term liabilities would fall to $111 million, and total liabilities and stockholders' equity would be adjusted accordingly. The above diagram shows a balance sheet for a certain company. All quantities shown are in millions of dollars. How would the balance sheet change if the company's long-term assets were judged to depreciate at an extra $5 million per year?


A) Net property, plant, and equipment would rise to $126 million, and total assets and stockholders' equity would be adjusted accordingly.
B) Net property, plant, and equipment would fall to $116 million, and total assets and stockholders' equity would be adjusted accordingly.
C) Long-term liabilities would rise to $131 million, and total liabilities and stockholders' equity would be adjusted accordingly.
D) Long-term liabilities would fall to $111 million, and total liabilities and stockholders' equity would be adjusted accordingly.

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