Accelerated depreciation has an advantage for profitable firms in that it moves some cash flows forward, thus increasing their present value. on the other hand, using accelerated depreciation generally lowers the reported current year's profits because of the higher depreciation expenses. however, the reported profits problem can be solved by using different depreciation methods for tax and stockholder reporting purposes. t/f

Stormie zanzibar owns a bakery in the fictitious country of olombia. each month the government’s market ministry mails her a large list of the regulated price of goods which include products like bread, muffins and flat bread. the list also dictates the types of goods she can sell at the bakery and what she is to charge. because of the regulations placed on these goods, stormie has increased her production of sweets, pies, cakes, croissants and buns and decreased her supply of breads, muffins and flat bread. she has taken these steps because the sweet goods’ prices are not government controlled. stormie zanzibar lives under what type of economy?