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Question 1: Two companies (a and B) in their first year in business have identical and financial results. the only differences that company A depreciates its assets over 15 years using straight line depreciation and company B depreciates its assets over 10 years using straight line depreciation. (depreciation expense is the same for both financial reporting and for tax purposes.) therefore:
A) company a will report higher net income and higher net cash flowb) company a will report lower net income and lower net cash flowc) company a will report lower net income and higher net cash flowd) company A will report higher net income and lower net cash flow
Give an example of a well-known modern company and how they display the through management accounting tools their key objectives
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