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Nebraska Communications is considering the purchase of a new satellite. The firm believes the satellite will help generate future earnings. In addition, the firm recognizes the tax benefits of a lower
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Nebraska Communications is considering the purchase of a new satellite. The firm believes the satellite will help generate future earnings. In addition, the firm recognizes the tax benefits of a lower net income provided by the annual ________ of the asset.

User Hasan Bou Taam
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Answer:

Depreciation

Step-by-step explanation:

Businesses are permitted to use depreciation as an expense of business operations. This extra expense will lower a firm's taxable income.

User Chong Tang
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