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True or False For MACRS depreciation, salvage value varies Price indexes describe the relative price fluctuation of goods and services For straight line depreciation, a

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For MACRS depreciation, salvage value varies Price indexes describe the relative price fluctuation of goods and services For straight line depreciation, a constant depreciation charge is made. In most cases we want to maximize the depreciation charges taken in the first and second years. Taxable Income = Gross Income Expenses - Depreciation charges Payback period analysis may select the wrong alternative

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