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    Essentials of Corporate Finance Study Set 4
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    Exam 2: Financial Statements, Taxes, and Cash Flow
  5. Question
    Net Income Increases When
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Net Income Increases When

Question 11

Question 11

Multiple Choice

Net income increases when:


A) fixed costs increase.
B) depreciation increases.
C) the average tax rate increases.
D) revenue increases.
E) dividends cease.

Correct Answer:

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