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Your company just purchased a new conveyor line and has been diligently depreciating it using straight-line depreciation over the past few years. Your financials do
Your company just purchased a new conveyor line and has been diligently depreciating it using straight-line depreciation over the past few years. Your financials do not too good for this coming period and you want to REDUCE your depreciation expense for this piece of equipment to improve your bottom-line Net Income. What creative measures might you be able to take on that will not get you into trouble with the regulators or your audit committee? Select one: O A. Decrease the number of years remaining for the depreciation of the equipment O B. Decrease the estimated salvage value of the equipment going forward OC. Increase your estimate of the life of the equipment and modify your depreciation expense going forward OD. Write the equipment off as no longer being of any value O E. Do nothing - you do not look good in orange prison uniforms
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