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Which of the following statements is FALSE? A. The marginal corporate tax rate is the tax rate the firm will pay on an incremental dollar

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Which of the following statements is FALSE? A. The marginal corporate tax rate is the tax rate the firm will pay on an incremental dollar of pre-tax income. B. Investments in plant, property, and equipment are directly listed as expense when calculating earnings. C. We begin the capital budgeting process by determining the incremental earnings of a project. D. The opportunity cost of using a resource is the value it could have provided in its best alternative use

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