Question
Prompt 1 Pick a company you admire or of one that you would like to be CEO. Select three assets, one that would be depreciated
Prompt 1 Pick a company you admire or of one that you would like to be CEO. Select three assets, one that would be depreciated using straight-line, one asset that would be depreciated using units-of-activity, and a third that would be depreciated as double-declining balance. Also place an estimate as to each assets useful life. Dont put it in the same order as I have listed.
For example, I choose the Walt Disney Company.
Asset 1 Tram car (the one that drives people from the parking lot to the front gate) 5 years
Asset 2 New and Improved Snow White Ride 20 years
Asset 3 New ticket scanning machine 10 years
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