Problem: Eagle Corporation., purchased an asset on January 1, 2009. They chose the double-declining- balance depreciation method to depreciate the asset. Had Eagle Corporation chosen the straight-line method a. depreciation expense would be greater in 2009. b. the book value of the asset would be more at the end of 2009. c. net income would be less in 2009. d. all of above are correct. e. none of the above is correct.

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Eagle Corporation., purchased an asset on January 1, 2009. They chose the double-declining- balance depreciation method to depreciate the asset. Had Eagle Corporation chosen the straight-line method

a. depreciation expense would be greater in 2009.

b. the book value of the asset would be more at the end of 2009.

c. net income would be less in 2009.

d. all of above are correct.

e. none of the above is correct.

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