Assume Little King Sandwiches depreciates a building over 40 years and University Hero depreciates a similar building

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Assume Little King Sandwiches depreciates a building over 40 years and University Hero depreciates a similar building over 20 years, and both companies use the straight- line depreciation method. Explain the difficulties in comparing the income statements and balance sheets of the two companies.
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Financial Accounting

ISBN: 978-0078025549

3rd edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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