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A cell phone tower manufacturer more than doubled its EPS by changing depreciation methods. In justifying...

A cell phone tower manufacturer more than doubled its EPS by changing depreciation methods. In justifying the change, management supported the change as follows: In comparison to direct competitors, the previous depreciation method was more conservative and thus had a negative impact on earnings.

Comment on the appropriateness of making accounting changes to fulfill financial reporting objectives, Consider relevant ethical issues as well as GAAP in your response.

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ekkarill92 answered 2 years ago
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