Different depreciation methods for tax

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Reference no: EM13211307

Topic 1: Depreciation

Discuss the difference between the straight-line method of depreciation and the accelerated methods. Why do companies use different depreciation methods for tax and financial reporting?

Topic 2: Firm's financial success

Why is the bottom line figure in the income statement, net income, not necessarily a good indicator of a firm's financial success?

Reference no: EM13211307

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