We can calculate the after-tax savings from a non-cash tax deductible item (like depreciation) with this formula:
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Question:
We can calculate the after-tax savings from a non-cash tax deductible item (like depreciation) with this formula:
a) Pre-tax expense times (1 – tax rate)
b) Pre-tax expense times the tax rate
c) Pre-tax expense times cost of borrowing
d) None of the above
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