Explain why the value of the tax shield for depreciation decreases if a firms marginal tax rate

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Explain why the value of the tax shield for depreciation decreases if a firm’s marginal tax rate decreases? Is this also true for the investment tax credit? mk5

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Cost Accounting Concepts And Applications For Managerial Decision Making

ISBN: 9780070103108

2nd Edition

Authors: Ralph S. Polimeni, James A. Cashin, Frank J. Fabozzi, Arthur H. Adelberg

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