Question: Question 1 (2 points) For a project, if we use the straight-line method to depreciate the fixed assets the depreciation expense in the first year
Question 1 (2 points) For a project, if we use the straight-line method to depreciate the fixed assets the depreciation expense in the first year is $10,000. We could instead use the declining balance technique in which case the depreciation expense in the first year would be $11,700. The cash generated in year 1 using the straight-line method is higher than when we use the declining balance technique. True False
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