$80-102\_$INTRODUCTION TO FINAN

The depreciation tax shield is best defined as the:

Select one:

a$.$ amount of tax that is saved when an asset is purchased.

b$.$ tax that is avoided when an asset is sold as salvage.

c$.$ amount of tax that is due when an asset is sold.

d$.$ amount of tax that is saved because of the depreciation expense.

e$.$ amount by which the aftertax depreciation expense lowers net income.