8. Delta Air Lines uses ____________________ depreciation method. a. ...
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Accounting
8. Delta Air Lines uses ____________________ depreciation method.
a.
double-declining balance
b.
units of activity
c.
accelerated
d.
straight-line
9. In the first year of flight equipment's useful life:
a.
book value would be lower on the company's balance sheet with the depreciation method used by Delta compared to double-declining balance depreciation method.
b.
book value would be the same amount on the company's balance sheet with the depreciation method used by Delta compared to double-declining balance depreciation method.
c.
net income would be higher on the company's income statement with the depreciation method used by Delta compared to double-declining balance depreciation method.
d.
net income would be lower on the company's income statement with the depreciation method used by Delta compared to double-declining balance depreciation method.
10. Delta depreciates ground property and equipment over useful lives of 20-32 years.
