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Which of the following products would be considered the BEST complementor to a personal computer?
Taxable Income
Income on which tax must be paid; total income minus exemptions and deductions.
Average Tax Rate
The ratio of the total amount of taxes paid to the total tax base (taxable income or spending), expressing the percentage of income that goes to taxes.
Depreciable Equipment
Tangible assets used in operations that lose value over time due to wear and tear, which can be written off as an expense for tax purposes over its useful life.
Net Income
The ultimate profit a company makes, determined by taking away all expenses, taxes, and costs from the total income generated.
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