extend the life of the aircraft from an original estimate of 15 years to 20 or 25 years. Three years have already been taken on the aircraft. He believes this will allow them to show a larger profit
Discuss in your group this alternative and the reasons for doing it. What are the pros and cons? In your recommendation to BluJay, be sure to state the implications of your decision on all of the financial statements, not just the income statement
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