Please read the information in the Case Study: Hertz Global and write a report to answer the following three questions:
1. What percentage of its revenue-earning equipment does Hertz depreciate each year? (20 points)
2. Do the Changes in Hertz’s depreciation of its revenue-earning equipment materially affect the company’s profitability? (20 points)
3. What are some potential reasons to explain the changes in Hertz’s depreciation of its revenue-earning equipment? (40 points)
In the report, please explain your answers to each question in detail. Demonstrate your calculations of questions 1 and 2 in a Table. Please submit the report (word file, no more than 4 pages, double spacing, font size 12)
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