Lecture Engineering economy - Chapter 7: Depreciation and income taxes
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Lecture Engineering economy - Chapter 7: Depreciation and income taxes. After completing this section, you will understand knowledge about: explain how depreciation affects income taxes, and how income taxes affect economic decision making; depreciation is the decrease in value of physical properties with the passage of time; federal taxes are calculated using a set of income brackets each applying a different tax rate on the marginal value of income;...
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