• Based on the information in the most recent annual report for the company that you are assigned to analyze, answer the following questions:
  • What depreciation methods does the company use to compute depreciation expense?
  • How much depreciation expense does the company report on its income statement?
  • What is the initial cost of the companys fixed assets?
  • What is the book value of the companys fixed assets?
  • What types of intangible assets, if any, does the company report on its balance sheet?
  • Does the book value of the companys fixed assets reect its current market value? Explain your answer.