(Appendix 12A)Amortization tax savings are
I. The savings on taxes because business equipment can be amortized
II. The income tax rate times the allowed amortization for that year
III. Measured in nominal dollars

Question

Quizplus · Accepted Answer

Amortization tax savings are calculated as the income tax rate times the allowed amortization for that year, and they are measured in nominal dollars. Business equipment amortization leads to tax savings.

(Appendix 12A)Amortization Tax Savings Are