Last year Ace charged $1,361,067 Depreciation on the Income Statement of Andrews. If early this year Ace purchased a new depreciable asset, the effect on Andrews's financial statements would be (all other items remaining equal):.
Select: 1
A) Increase Net Cash from operations
B) No impact on Net Cash from operations
C) Decrease Net Cash from operations on the Cash Flow Statement
D) Just impact the Balance Sheet

Asavings account that pays interest every 3 months is said to have a interest period

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An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value