Business, 29.02.2020 02:55 yiikes4012

Ski Park Company purchased a gondola for $440,000 (no residual value) at the beginning of 2015. The gondola was being depreciated over a 10-year life using the double-declining method. At the beginning of 2018, it was decided to change to straight-line. An accompanying disclosure note would include each of the following except:.A. The cumulative effect of the change. B. Justification that the change is preferable. C. The effect of a change on per share amounts affected for all periods reported. D. The effect of a change on any financial statement line items affected for all periods reported.

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Ski Park Company purchased a gondola for $440,000 (no residual value) at the beginning of 2015. The...

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