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Last year Ace charged $1,067,733 Depreciation on the Income Statement of Andrews.

Last year Ace charged $1,067,733 Depreciation on the Income Statement of Andrews. If Ace sold a fully depreciated piece of equipment at a gain, the effect on Andrews's financial statements would be (all other items remaining equal):
Select: 1
Decrease Net Cash from operations on the Cash Flow Statement
Just impact the Balance Sheet
Increase Net Cash from operations
No impact on Net Cash from operations

Page 1 Front Page Page 2 Stocks & Bonds Page 3 Financial Summary Page 4 Production Analysis Page 5 Thrift Segment Analysis Page 6 Core Segment Analysis Page 7 Nano Segment Analysis Page 8 Elite Segment Analysis Page 9 Market Share Page 10 Perceptual Map Page 11 HR/TQM Report Annual Report Andrews Annual Report Baldwin Annual Report Chester Annual Report Digby PRINT Top Round: 4 Dec. 31, 2017 Student: Eneida Dervishi " Eneida Dervishi Andrews Eneida Dervishi Baldwin Chester Digby
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Selected Financial Statistics Andrews Baldwin Chester Digby ROS 6.3% 5.8% 18.2% 6.7% Asset Turnover 0.99 0.82 1.43 0.78 ROA 6.2% 4.7% 26.0% 5.3% Leverage (Assets/Equity) 1.3 2.2 1.7 2.4 ROE 8.2% 10.5% 43.3% 12.7% Emergency Loan $0 $0 $0 $0 Sales $168,436,005 $199,256,127 $255,860,857 $164,554,646 EBIT $20,460,845 $33,852,606 $79,844,020 $32,264,703 Profits $10,625,535 $11,550,435 $46,568,035 $11,094,948 Cumulative Profit $50,473,191 $18,463,289 $99,609,566 $17,296,753 SG&A / Sales 9.7% 10.9% 5.5% 9.5% Contrib. Margin % 35.2% 39.5% 43.2% 42.3%
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Last year Ace charged $1,067,733 Depreciation on the Income Statement of Andrews. If Ace
sold a fully depreciated piece of equipment at a gain, the effect on Andrews's financial statements
would be...

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