Chevron (Fortune 500 company) Based on the information in the Company's recent annual report, 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.