What is the net cash saved in income taxes by using, Taxation

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What is the net cash saved in income taxes by using

Income before depreciation and taxes amounts to $167,200. Using straight-line depreciation, the current year's depreciation expense will be $31,200. Using double-declining-balance depreciation, the current year's depreciation expense will be $41,200. Assuming a tax rate of 30%, what is the net cash saved in income taxes by using double-declining-balance depreciation over straight-line depreciation?

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Taxation: What is the net cash saved in income taxes by using

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Taxation: What is the net cash saved in income taxes by using

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Recent Questions Asked Taxation

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Taxation: What is the net cash saved in income taxes by using

Reference No:- TGS0634405

Recent Questions Asked Taxation

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