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Question 15 4.86 pts SL and DDB Companies purchased identical equipment having an estimated useful life of ten years. SL uses the straight-line deprecation method
Question 15 4.86 pts SL and DDB Companies purchased identical equipment having an estimated useful life of ten years. SL uses the straight-line deprecation method and DDB uses the double- declining balance method of depreciation. Assuming the two entities are similar in all other respects, which one of the following statements is correct? O a SL's depreciation expense will be greater in the second year than DDB's depreciation expense. O b. DDB's book value will be greater than SL's book value in Year 1. OC SL's net income will be greater than DDB's net income in Year 9. d. DDB's book value will be less than SL's book value in Year 2
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