River Inc. has a popular line of badewellery Riv o rted new s of $18.000 for 2017. over den furniture, adres, guipment, and automotive assets on a straighine basis over five years and assumes no residual value Depreciation expense for the year totaled $1,050, and the assets are four years old What would net income be for 2017 of River used the double-diminishing balance (DOB) method instead? The company's income tax rate is 28%. How does management choose which depreciation method to ? What would net income be for 2017 | River used the double-diminishing-balance ( ) method instead? The company's income tax rate is 28% Begin by computing the cost of the future furos e nt and motivats bracted. Round all mounts The cost of the future, fatures, guement, and automotive assis Next, complete the table below is compute the net income for 2017 under double diminishing balance DB) depreciation (Use parentheses or a minus sign to indicate numbers that are to the nearest whole dollar) Not income under van depreciation Difference in depreciation in decretion as recorted con depreciation for 2017 Change in deprecon expense Change in income Best Income for 2017 using De depreciation How does management choose which depreciation method to use? Management chooses the method that reflects the poem in which ass will be used. For example, the method is suited for those assetsrat wear out due to physical use while the generates revenueverly over time, the method is best for assets that generate grew method should be used. The amounts of revenue in the seves River Inc. has a popular line of badewellery Riv o rted new s of $18.000 for 2017. over den furniture, adres, guipment, and automotive assets on a straighine basis over five years and assumes no residual value Depreciation expense for the year totaled $1,050, and the assets are four years old What would net income be for 2017 of River used the double-diminishing balance (DOB) method instead? The company's income tax rate is 28%. How does management choose which depreciation method to ? What would net income be for 2017 | River used the double-diminishing-balance ( ) method instead? The company's income tax rate is 28% Begin by computing the cost of the future furos e nt and motivats bracted. Round all mounts The cost of the future, fatures, guement, and automotive assis Next, complete the table below is compute the net income for 2017 under double diminishing balance DB) depreciation (Use parentheses or a minus sign to indicate numbers that are to the nearest whole dollar) Not income under van depreciation Difference in depreciation in decretion as recorted con depreciation for 2017 Change in deprecon expense Change in income Best Income for 2017 using De depreciation How does management choose which depreciation method to use? Management chooses the method that reflects the poem in which ass will be used. For example, the method is suited for those assetsrat wear out due to physical use while the generates revenueverly over time, the method is best for assets that generate grew method should be used. The amounts of revenue in the seves
