(Answered) Different types of assets can be depreciated differently

Accounting

Different types of assets can be depreciated differently. The method of depreciation must be disclosed. The Accumulated Depreciated reduces the Asset cost down to a carrying value on the Balance sheet.

Looking at Campbell Soup, what depreciation method(s) did the company use? Can you tell if they seem to have purchased additional Plant Assets over the most recent year of operations? How could you tell?

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