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14) Increased depreciation expenses affect tax-related cash flows by a. increasing taxable income, thus increasing taxes. b. decreasing taxable income, thus reducing taxes. c. pushing

14) Increased depreciation expenses affect tax-related cash flows by a. increasing taxable income, thus increasing taxes. b. decreasing taxable income, thus reducing taxes. c. pushing a corporation into a higher tax bracket. d. decreasing taxable income, with no effect on cash flow since depreciation is a noncash expense

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