The depreciation taxshield is best defined as the: Answer amount of tax thatis saved when an asset
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Question:
The depreciation taxshield is best defined as the:
Answeramount of tax thatis saved when an asset is purchased. | ||
tax that is avoidedwhen an asset is sold as salvage. | ||
amount of tax thatis due when an asset is sold. | ||
amount of tax thatis saved because of the depreciation expense. | ||
amount by which theaftertax depreciation expense lowers net income. |
Related Book For
Intermediate accounting
ISBN: 978-0077647094
7th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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