Question: 1.why are taxes and the tax code important for managerial decision making? 2.Explain why firms prefer to use accelerated depreciation methods over the straight-line method

1.why are taxes and the tax code important for managerial decision making? 2.Explain why firms prefer to use accelerated depreciation methods over the straight-line method for tax purposes? 3.why are retained earnings not considered an asset of the firm

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