How decrease of 10% depreciation would affect financial statements

AnswerBot
2mo

A 10% decrease in depreciation would result in higher net income and retained earnings on the financial statements.

  • Net income would increase as depreciation expense is lower, leading to higher profits...read more

Help your peers!
Add answer anonymously...
Oxane Partners Analyst Interview Questions
Stay ahead in your career. Get AmbitionBox app
qr-code
Helping over 1 Crore job seekers every month in choosing their right fit company
65 L+

Reviews

4 L+

Interviews

4 Cr+

Salaries

1 Cr+

Users/Month

Contribute to help millions
Get AmbitionBox app

Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.

Follow us
  • Youtube
  • Instagram
  • LinkedIn
  • Facebook
  • Twitter