Explain profit implications of accelerated depreciation support that is currently offered to small businesses in Australian government
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Question:
Explain profit implications of “accelerated depreciation support” that is currently offered to “small businesses” in Australian government “Coronavirus stimulus package”.
(1) accelerated depreciation? Method to calculated the depreciation----higher/more depreciation expense for the earlier period,but slower/less depreciation expense for the later period.
Concept, formula, change of expense and net value in different period?
(2) small business?--hotel industry?
(2) Due to virus crisis, can we use this method to increase profit, control the cost?
(3) Supported by the government policy? Why?
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