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Outline the impact of double declining method

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Reference no: EM132781111

Problem 1: Printers WA (Western Australia) is a private company and it has purchased a printing machine in 2019. The company management would like to consult someone who is sufficiently knowledgeable on depreciation methods before choosing an appropriate method for depreciating the machine. They approached you for an advice and are required to outline the impact of double declining method compared with straight line method of depreciation on financial statement analysis.

Reference no: EM132781111

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