Quiz Ch 03 – Projecting Effects of New Depreciation Legislation on Companies

Fundamentals of Financial Management, Concise

Brigham and Houston

09th Edition

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Which outcome is MOST likely to occur in the year following Congress passing legislation that extends the depreciation period for equipment, aimed at boosting tax revenue assuming constant sales, operating costs, and tax rates, with the same depreciation method for both tax and stockholder reporting?

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  • Search Terms: a. b. c. companies’ d. e. affected, after after-tax an and are assets assume be cash companies congress, costs, decline. decline. depreciate depreciation effort equipment fixed flows following for forced in incomes increase increase. is legislation likely lives? longer method most net not occur of operating other over passed physical positions profits purposes. rates reported reporting revenue, sales, same stockholder stocks tax that the to used which would year
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