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What is most appropriate method of depreciation to properly

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Reference no: EM132919998

Problem 1: Fly High Airlines acquires a new aircraft. It has an estimated life of 15 years and should be used for 15,000 hours of flight. What is the most appropriate method of depreciation to properly match revenues and expenses?

Option 1: Units-of-Hours
Option 2: Double Declining Balance
Option 3: Straight-line
Option 4: Revenue expenditure method

Reference no: EM132919998

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