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.

a.

True.

b.

False.

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