4 3 eztomheducation comhmtpx MC Qu 100 Lincoln Restaurants reported net income i

Question

4 3 eztomheducation comhmtpx MC Qu 100 Lincoln Restaurants reported net income in 2014. Lincoln Restaurants reported net income in 2014 or $46.20 mlwon and depreciation expense of s4910 mllllon. It also reported additions to property and equipment of $16320 million which the following disclosures would appear the 2014 of on statement cash fiows? O Depreciation of $4910 milion would be added to net income under operasng activgies and the se320 million would be deducted under investing activities. O Depreciation of s4910 million would be deducted from net income operating actvities and the under $163 20 milion would be added under investing actvities. O Depreciation of s4910 milion would be added to net income under operating activites and the s163.20 million would be added under investing actvities. O Depreciation of $4910 milion would be deducted from net income under operating activities and the sw6320 million would be deducted under investing activities. Multiple Choice Mc Qu 100 Lincoln Restaurants reported

Explanation / Answer

Depreciation amounting 49.10 would be added to net income under operating activities and 163.20 would be deducted fro investing activities

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