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Lewis Driscoll and Delta Cargo
Simko, Paul J.; Brown, TimExercise DARDEN-C-2227-EAccounting and ControlLewis Driscoll faces a number of challenging property, plant, and equipment issues. If he purchases a new crane, what ancillary costs should be capitalized? What depreciation method should he choose? How should he account for disposal options for the old forklifts? Not only will his decisions affect current and future profitability, but they may also impact others' bonuses based on company performance.Starting at €8.20