Question
Wyndham Destinations is an American timeshare company headquartered in Orlando, Florida. It develops, sells, and manages timeshare properties under several vacation ownership clubs, including Club
Wyndham Destinations is an American timeshare company headquartered in Orlando, Florida. It develops, sells, and manages timeshare properties under several vacation ownership clubs, including Club Wyndham and WorldMark by Wyndham. On December 31, 2020, Wyndham had Total (gross) Property, Plant and Equipment of $1,724 (in millions) and Accumulated Depreciation of $944 (in millions). Because performance will be low during 2021, Wyndham would like to take a big bath and report higher expenses. How could Wyndham change two assumptions, related to property, plant and equipment, to increase the related expense?
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