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The current book value of a fixed asset that was purchased six years ago is used to estimate_________. Group of answer choices the depreciation tax

The current book value of a fixed asset that was purchased six years ago is used to estimate_________.

Group of answer choices

the depreciation tax shield

the tax due on the salvage value of that asset

the current year's operating cash flow

the change in net working capital

Nothing. Book values are historical information that should not be used when market values are available.

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