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Which of the following statements comparing straight-line depreciation methods to alternative depreciation methods is least accurate? Companies that use: accelerated depreciation methods for tax purposes
Which of the following statements comparing straight-line depreciation methods to alternative depreciation methods is least accurate? Companies that use:
accelerated depreciation methods for tax purposes will decrease the amount of taxes paid in early years. | ||
straight-line depreciation methods will have higher book values for the assets on the balance sheet than companies that use accelerated depreciation. | ||
accelerated depreciation methods will have lower asset turnover ratios than if they used straight line depreciation. |
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