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A company that wishes to reduce its taxable income has chosen accelerated depreciation for tax purposes. to keep taxable income low, the company should take
A company that wishes to reduce its taxable income has chosen accelerated depreciation for tax purposes. to keep taxable income low, the company should take which of the following actions?
a.) Reduce capital spending as fixed assets age.
b.) sell off older fixed assets
c.) switch to accelerated depreciation on its financial statements
d.) maintain or increase capital spending
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