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After learning in CH 8about depreciation, which is a non-cash expense,how does the method used affect income taxes, and why is this important from an

  1. After learning in CH 8about depreciation, which is a non-cash expense,how does the method used affect income taxes, and why is this important from an economic analysis perspective?
  2. what is inflation, what is a sign of inflation, and how does inflation affect risk?
  3. What is purchasing (or buying) power, and how does inflation affect it?

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