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U.S. GAAP for long-lived assets significantly impedes rate-of-return comparisons across companies unless the firms:

User Tao Zhyn
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24 votes

Answer: Apply the same depreciation methods and the same useful lives among similar groups of assets

Step-by-step explanation:

US GAAP for long-lived assets significantly impedes rate-of-return that is, the annual income from an investment which is being expressed as a proportion of the original investment comparisons across companies unless the firms apply the same depreciation methods and also the same useful lives are applied among identical groups of assets.

User Grigori Jlavyan
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