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Capital Budgeting
The process by which a business evaluates and plans for significant investments in projects or long-term assets.
Straight-Line Depreciation
A technique of spreading the expense of an asset evenly across its lifespan to calculate depreciation.
Income Tax Expense
The amount of money a company is required to pay to the government based on its net income, according to the applicable income tax rates.
Capital Budgeting
The process of planning and managing a company's long-term investments in projects and assets.
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