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bogdanovich [222]
3 years ago
9

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

Business
1 answer:
kap26 [50]3 years ago
6 0

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.

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