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The CFO has requested that all equipment, that generally needs to be replaced every 8-10 years, be depreciated over 20 years. What impact would that
The CFO has requested that all equipment, that generally needs to be replaced every 8-10 years, be depreciated over 20 years. What impact would that have on the Companys financial position? Are there any ethical concerns with this policy? What would you recommend?
Please help me with all parts of the question. Greatly appreciated!
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