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