U.S. GAAP for long-lived assets significantly impedes rate-of-return comparisons across companies unless the firms:

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03-07-2021
Business

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U.S. GAAP for long-lived assets significantly impedes rate-of-return comparisons across companies unless the firms:

Sagot :

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topeadeniran2 topeadeniran2 · Answer 1 · 2021-07-09T22:22:47-04:00

Answer: Apply the same depreciation methods and the same useful lives among similar groups of assets

Explanation:

US GAAP for long-lived assets significantly impedes rate-of-return that is, the annual income from an investment which is being expressed as a proportion of the original investment comparisons across companies unless the firms apply the same depreciation methods and also the same useful lives are applied among identical groups of assets.

Sagot :

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