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Which statement is false ? Shortening the estimated useful lives of depreciable assets will lead to a higher fixed asset turnover. Using an accelerated depreciation
Which statement is false?
Shortening the estimated useful lives of depreciable assets will lead to a higher fixed asset turnover. | ||
Using an accelerated depreciation method instead of the straight-line depreciation method will lead to reporting a higher fixed asset turnover during the earlier years of an asset's life. | ||
Acquiring more long-lived, productive assets when a company is growing will lead to a lower fixed asset turnover. | ||
Selling off long-lived, productive assets while maintaining sales will lead to a lower fixed asset turnover. |
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