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  3. Study Set
    Managerial Accounting Study Set 13
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    Exam 32: Income Taxes in Capital Budgeting Decisions
  5. Question
    To Determine the Effect of Income Taxes on a Project
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To Determine the Effect of Income Taxes on a Project

Question 20

Question 20

True/False

To determine the effect of income taxes on a project, multiply the net present value of the project by one minus the tax rate.

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