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  3. 16. companies are supposed to write-down value of

16. Companies are supposed to write-down value of assets if a permanent impairment of value...

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16. Companies are supposed to write-down value of assets if a permanent impairment of value or loss of utility occurs. If a company writes down its assets this year, the effect on: This year's ROA Increased Decreased Decreased Decreased Next year's ROA No change No change Decreased Increased A. Option A B. Option B C. Option C D. Option D

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