Solved by verified expert :Topic 1:
Depreciation
Discuss the difference
between the straight-line method of depreciation and the accelerated methods.
Why do companies use different depreciation methods for tax and financial
reporting?
Topic 2: Firm’s
financial success
Why is the bottom line
figure in the income statement, net income, not necessarily a good indicator of
a firm’s financial success?
The questions need to be
answered in 100 words or more with references, but can be book.
The book is Financial Reporting and Analysis 13th edition
Charles H. Gibson
Chapter 3 & 4
