The term "tax shield" refers to a reduction in taxes created by:
A)a reduction in sales.
B)an increase in interest expense.
C)noncash expenses.
D)a project's incremental expenses.
E)opportunity costs.

Question

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The Answer of The term "tax shield" refers to a reduction in taxes created by:
A)a reduction in sales.
B)an increase in interest expense.
C)noncash expenses.
D)a project's incremental expenses.
E)opportunity costs.

The Term "Tax Shield" Refers to a Reduction in Taxes