Which of the following changes would not decrease the present value of the future depreciation deductions on a specific depreciable asset?

a. a decrease in the marginal tax rate
b. a decrease in the discount rate
c. a decrease in the rate of depreciation
d. an increase in the life expectancy of the depreciable asset


B

Business

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Indicate whether the statement is true or false

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Point Co. purchased 90% of Sharpe Corp.'s voting stock on January 1, 20X2 for $5,580,000. Prior to the acquisition, Point held a 10% equity position in Sharpe Company. On January 1, 20X2 Pointe's 10% investment in Sharpe has a book value of $340,000 and a fair value of $620,000. On January 1, 20X2 Point records the following:

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_____ is a specific document that provides an overview of the proposed research and methodology, and serves as a written contract between the decision maker and the researcher.

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Business

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Indicate whether the statement is true or false

Business