URGENT!!! An analyst makes an adjustment for...
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Finance
URGENT!!!
An analyst makes an adjustment for understated depreciation, increasing PEXY company Accumulated Depreciation (on PP&E) by an amount of $20 million. The Company's tax rate is 30 percent. In the financial statements, this adjustment. 1. Decreases net non-current assets by $20 million and decreases equity by $20 million. 2.Increases net non-current assets by $20 million and increases equity by $20 million. 3.Decreases net non-current assets by $20 million, increases equity by $14 million, and decreases other not current liabilities by $6 million. 4.Decreases net non-current assets by $20 million, decreases equity by $14 million, and net debt by $ 6 million. Question 14 IGOS APEXY. The more Decreto Now Det Dy520, by WO re CLO 1 An was founder pressing PExcudo PP) wout $30 min wye ripotiwa Doncs by 320 milionandy 120 min by 120 million and incremy by $20 million Deres retourne by $20 miliowy by 114 million and desher not current by 16 milion Des not current sty 520 milion de quity by 516 marto bylon


1. Decreases net non-current assets by $20 million and decreases equity by $20 million.
2.Increases net non-current assets by $20 million and increases equity by $20 million. 3.Decreases net non-current assets by $20 million, increases equity by $14 million, and decreases other not current liabilities by $6 million.
4.Decreases net non-current assets by $20 million, decreases equity by $14 million, and net debt by $ 6 million.
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