Question: Different airlines depreciate the same airplanes but using different useful-life and residual value assumptions. For example, airlines have depreciated the same Boeing aircraft over lives

Different airlines depreciate the same airplanes but using different useful-life and residual value assumptions. For example, airlines have depreciated the same Boeing aircraft over lives ranging from 14 years to 28 years. What might cause a firm to decide to increase the estimated useful life of a depreciable asset?

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