All else the same, greater depreciation deduction allowed by the IRS results in:
a) lower tax amount; higher after-tax profit
b) higher tax amount; greater after-tax profit
c) lower after-tax profit; greater addition to cash
d) lower before-tax profit; higher after-tax profit
e) lower after-tax profit; less addition to cash
Answer: c) lower after-tax profit; greater addition to cash
Business
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A) market B) strength C) competency D) vision E) value
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