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Discussion Topic 1 (Note: Briefly in your own words 1 paragraph minimum.) Depreciation: 1. What impact do you...

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Accounting

Discussion Topic 1 (Note: Briefly in your own words1 paragraph minimum.)

Depreciation:

1. What impact do you think depreciation has on a constructioncompany from a financial standpoint?  

2. Why do you think we need to depreciate some assets but notothers?

Answer & Explanation Solved by verified expert
3.9 Ratings (637 Votes)
Answer part 1 Depreciation is a noncash expense charged on tangible fixed assets such as construction equipment buildings machines computers vehicles etc The depreciation has a direct impact on the net profits of a construction company but doesnt impact the cash flows being a noncash expense The depreciation has a    See Answer
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