Your company has always depreciated assets using the straight-line method.Your tax accountant has explained that a switch to the double-declining balance method would minimize taxes in the current year, but you are concerned about the impact this change would have on the value of long-term assets on the balance sheet and future tax liabilities.

• Assuming your projected sales (and, therefore, tax bracket) are predicted to increase dramatically over the next 5 years, what should you do?

This discussion focuses on the impact that the choice of depreciation methods has on the financial results of a company. The attached article provides a good comparison of the two methods mentioned in the case, I would suggest reviewing it before providing your response.

Also make sure you consider all of the facts presented....Sales are going to increase.....etc.

https://smallbusiness.chron.com/differences-between-straight-line-doubledeclining-balance-units-production-36019.html