FIN 571 TUTOR Extraordinary Life/fin571tutor.com FIN 571 TUTOR Extraordinary Life/fin571tutor.com | Page 58

Phyllis believes that the firm should use straight-line depreciation for a capital project because it results in higher net income during the early years of the project’ s life. Joanna believes that the firm should use the modified accelerated cost recovery system depreciation because it reduces the tax liability during the early years of the project’ s life. Assuming you have a choice between depreciation methods, whose advice should you follow? Why?
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FIN 571 Week 4 Individual Assignment Analyzing Pro Forma Statements
Decide upon an initiative you want to implement that would increase sales over the next five years,( for example, market another product, corporate expansion, and so on).
Using the sample financial statements, create pro forma statements of five year projections that are clear, concise, and

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Phyllis believes that the firm should use straight-line depreciation for a capital project because it results in higher net income during the early years of the project’ s life. Joanna believes that the firm should use the modified accelerated cost recovery system depreciation because it reduces the tax liability during the early years of the project’ s life. Assuming you have a choice between depreciation methods, whose advice should you follow? Why?

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FIN 571 Week 4 Individual Assignment Analyzing Pro Forma Statements

FOR MORE CLASSES VISIT www. fin571tutor. com

Decide upon an initiative you want to implement that would increase sales over the next five years,( for example, market another product, corporate expansion, and so on).

Using the sample financial statements, create pro forma statements of five year projections that are clear, concise, and