Depreciation deductions, like any other business expenses, reduce ...

[jake]

Depreciation deductions, like any other business expenses, reduce the income that a firm reports on its income statement.
 
  Indicate whether the statement is true or false

Question 2

Economic value added is the difference between an investment's net operating profit after taxes and the accounting profit.
 
  Indicate whether the statement is true or false

[frre432]

Answer to Question 1

TRUE

Answer to Question 2

FALSE

[jake]

Excellent

[lcapri7]

Thanks for the timely response, appreciate it