ACC 291T Week 5 Discussion | University of Phoenix | Assignment Help
- University of Phoenix / ACC 291T
- 10 Jun 2021
- Price: $6
- Accounting & Economics Assignment Help / Finance
ACC 291T Week 5 Discussion | University of Phoenix | Assignment Help
Discussion Topic
Post a total of 3 substantive responses over 2 separate
days for full participation. This includes your
initial post and 2 replies to other students.
Due Day 3
Your company has always depreciated assets using the straight-line
method. Your tax accountant has explained that a switch to the
double-declining balance method would minimize taxes in the current year, but
you are concerned about the impact this change would have on the value of
long-term assets on the balance sheet and future tax liabilities.
Respond to the following in a minimum of 175 words:
·
Assuming your projected sales (and therefore tax bracket) are
predicted to increase dramatically over the next 5 years, what should you do?
Due Day 7
Reply to at least 2 of your classmates. Be constructive and
professional in your responses.