Why do many companies use one method to calculate depreciation for the income statement developed for stockholders

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Why do many companies use one method to calculate depreciation for the income statement developed for stockholders and another method for income tax purposes? LO1

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Financial Accounting The Impact On Decision Makers

ISBN: 9780324655230

6th Edition

Authors: Gary A. Porter, Curtis L. Norton

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Question Posted: Jun 06, 2024 01:21 AM

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Why do many companies use one method to calculate depreciation for the income statement developed for stockholders and another method for income tax purposes?
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Why do many companies use one method to calculate depreciation for the income statement developed for stockholders

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Financial Accounting The Impact On Decision Makers

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