XM Radio was depreciating its satellites over 20 years (total cost of $20 million), for each of
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Question:
XM Radio was depreciating its satellites over 20 years (total cost of $20 million), for each of five satellites, useful life is only seven years due to the intensity of the sun rays.
As the accountant what would you recommend to management and why? Be sure to address the accounting implications, explaining your rationale.
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