Asset Write Ups
How do asset write ups affect the three financial statements? Are there any changes to IS, CFS, or BS?
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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