What are some of the reasons for using a different depreciation method or recovery period for financial
Question:
What are some of the reasons for using a different depreciation method or recovery period for financial purposes than is used or tax purposes?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (10 reviews)
The reason may include 1 a different depreciation method is being used to more closely mat...View the full answer
Answered By
Pushpinder Singh
Currently, I am PhD scholar with Indian Statistical problem, working in applied statistics and real life data problems. I have done several projects in Statistics especially Time Series data analysis, Regression Techniques.
I am Master in Statistics from Indian Institute of Technology, Kanpur.
I have been teaching students for various University entrance exams and passing grades in Graduation and Post-Graduation.I have expertise in solving problems in Statistics for more than 2 years now.I am a subject expert in Statistics with Assignmentpedia.com.
4.40+
3+ Reviews
10+ Question Solved
Related Book For
Construction Accounting And Financial Management
ISBN: 9780135232873
4th Edition
Authors: Steven J. Peterson
Question Posted:
Students also viewed these Business questions
-
What are some of the reasons for the ARCs ethical dilemmas, and how can the organization guarantee that these problems will not recur in the future? The American Red Cross (ARC) is an independent...
-
What are some of the reasons for FDI? Identify and describe four.
-
What are some of the reasons for conducting public relations research activities?
-
An investment project has annual cash inflows of $3,200, $4,100, $5,300, and $4,500, and a discount rate of 14 percent. What is the discounted payback period for these cash flows if the initial cost...
-
For a normally distributed random variable with mean 44 and standard deviation 16, find the probability that the value of the random variable will be above 0.
-
What are the elements of an organizational business model? How does this information help an auditor better develop a strategy for conducting an audit?
-
a. What is meant by the term standard error of the mean? b. What is the formula for computing the standard error? c. What alternative terms may be used for this term?
-
Peters Company produces golf discs which it normally sells to retailers for $7 each. The cost of manufacturing 20,000 golf discs is: Materials ........ $ 10,000 Labor ......... 30,000 Variable...
-
Explain the Game theory What are the components of Game theory What are applications of game theory in decision making in organizations small to medium organizations Explain the importance of game...
-
Prepare a depreciation schedule to be used for tax purposes for a $110,000 railroad spur (track) using the 200% declining-balance method and a half-year allowances.
-
How does Section 179 of the Internal Revenue Code affect depreciation?
-
State whether each of the following statements is true or false, by reference to the relevant requirements of IFRS 8: 1. Company X must disclose EBITDA for each reportable segment. 2. Company X must...
-
What does John Hale's testimony tell you about the social environment insalem?
-
when problem solving, your suppliers sort activities by answering three questions. They include what was different this time; why here and not there? What is another question that a supplier might...
-
When one of Allison's fellow employees explains that they will be missing work for a few weeks because their mother is terminally ill, what is the primary type of listening that Allison is using?
-
1. How does Artificial intelligence impact your leadership development? 2. How will artificial intelligence impact careers? How does Artificial intelligence impact your leadership development? Is...
-
What is (are) the reason(s) why people need ergogenic aids and dietary supplements?
-
Squeaky Bluege has been considering an investment in Oak-dale Merchandising. Squeaky has estimated the following probability distribution of returns for Oakdale stock: Return Probability -10%...
-
Identify one local business that uses a perpetual inventory system and another that uses a periodic system. Interview an individual in each organization who is familiar with the inventory system and...
-
Determine the current ratio for the construction company in Figures 6-1 and 6-2. Figures 6-1 WEST MOUNTAIN CONSTRUCTION BALANCE SHEET Figures 6-2 WEST MOUNTAIN CONSTRUCTION INCOME STATEMENT REVENUES...
-
Determine the current liabilities to net worth ratio for the construction company in Figure 6-1 and 6-2. What insight does this give you into the companys financial operations? Figures 6-1 WEST...
-
Determine the debt to equity ratio for the construction company in Figures 6-1 and 6-2. Figures 6-1 WEST MOUNTAIN CONSTRUCTION BALANCE SHEET Figures 6-2 WEST MOUNTAIN CONSTRUCTION INCOME STATEMENT...
-
Sandhill Co. at the end of 2020, its first year of operations, prepared a reconciliation between pretax financial income and taxable income as follows: Pretax financial income $1080000 Estimated...
-
The real risk-free rate is 2.25%. Inflation is expected to be 1.50% this year and 3.50% during the next 2 years. Assume that the maturity risk premium is zero. What is the yield on 2-year Treasury...
-
a local walk - in medical practice, had the following account balances on December 3 1 , the year before: Building $ 4 8 0 , 0 0 0 Accumulated Depreciation: Bldg $ 1 2 , 0 0 0 Cash $ 2 0 , 0 0 0...
Study smarter with the SolutionInn App