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    Business
  3. Study Set
    Practical Financial Management Study Set 1
  4. Exam
    Exam 2: Financial Background: a Review of Accounting Financial Statements and Taxes
  5. Question
    A Decrease in Financial Leverage Results in a Larger Tax
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A Decrease in Financial Leverage Results in a Larger Tax

Question 109

Question 109

True/False

A decrease in financial leverage results in a larger tax liability because interest is tax deductible.

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