What is the separately reported change in 2009 earnings


On January 2, 2009, Tobias Company began using straight-line depreciation for a certain class of assets. In the past, the company had used double-declining-balance depreciation for these assets. As of January 2, 2009, the amount of the change in accumulated depreciation is $40,000. The appropriate tax rate is 40%. what is the separately reported change in 2009 earnings ?

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Accounting Basics: What is the separately reported change in 2009 earnings
Reference No:- TGS083620

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