A company records an asset retirement obligation (ARO) because of environmental damage.W
A company records an asset retirement obligation (ARO) because of environmental damage.Which of the following will most likely result from the recording an ARO in any given year?
A.An increase in return on equity and an increase in depreciation expense
B.An decrease in return on equity and an increase in depreciation expense
C.An decrease in return on equity and an decrease in depreciation expense