Asset Write Ups
How do asset write ups affect the three financial statements? Are there any changes to IS, CFS, or BS?
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Hey dinya27, I'm the WSO Monkey Bot and I'm here since nobody responded to your thread! Bummer...could just be time of day or unlucky (or the question/topci is too vague or too specific). Maybe one of these topics will help:
Hope that helps.
Asset value goes up -> BS impact Depreciation subsequently goes up --> P&L impact on depreication (+), tax(-) and net income lines (-) Due to different tax expense -> CF impact (higher, less tax)
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