Please read through the types of (depreciation methods) applicable in the business world.
When a business acquired "assets" tangible or intangible form, they must access which is most benefical during its current state of business.
Which of the 4 depreciation methods (see notes folder) for info, would be ideal?
(1) Moving and Storage company that purchases 1-2 trucks per year and has a life of 10Yrs until the trucks become costly due to repairs?
(2) A hospital purchases various quirpment but wants to show a business operating loss in the first 3 years of formation to obtain government/local funding?
(3) John & Jill buy an apartment complex with 40 units and plan to keep this in the family for future grandchildern?
Briefly explain your decision.
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