Multiplying the depreciation deduction by the tax rate yields a measure of the depreciation tax

Name: Multiplying the depreciation deduction by the tax rate yields a measure of the depreciation tax
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Quizplus · Accepted Answer

Multiplying the depreciation deduction by the tax rate yields a measure of the depreciation tax benefit. This is because the deduction reduces the taxable income and consequently reduces the tax liability, resulting in a financial benefit for the business.

Multiplying the Depreciation Deduction by the Tax Rate Yields a Measure