For a profitable firm in the 30% marginal tax bracket with $100,000 of annual depreciation expense, the depreciation tax shield would be:

In a purchase motivation product grouping, _____

a. goods are categorized by end use b. a market segment is attracted c. impulse items are placed on the low floors in high-traffic locations d. gift items are placed together

Only the interest portion of your mortgage payments may be taken as a tax deduction

Indicate whether the statement is true or false.