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For a company using straight line, earnings will be higher (less depreciation). As for book value (or equity), it will be higher under a straight
For a company using straight line, earnings will be higher (less depreciation). As for book value (or equity), it will be higher under a straight line method. As for depreciable life, a shorter life will cause a lower book value. Why would a shorter depreciable life impact book value?
Is it necessary for a firm to use the same method of calculating depreciation expenses for financial statements purposes?
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