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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Question

Quizplus · Accepted Answer

Multiplying the depreciation deduction by the tax rate yields a measure of the depreciation tax benefit, as it represents the reduction in taxes that the company would have to pay due to the deduction of depreciation expenses from its taxable income.

Multiplying the Depreciation Deduction by the Tax Rate Yields a Measure