Question: 1) What is the difference between the functions o long-term operational assets and investments? 2) What is the difference between tangible and intangible assets? Give

1) What is the difference between the functions o long-term operational assets and investments?

2) What is the difference between tangible and intangible assets? Give an example of each?

3) Why would a company choose to depreciate one piece of equipment using the double-declining-balance method and another piece of equipment using straight-line depreciation?

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