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Each of the following is a determinant of demand except
Operating Cash Flows
The cash generated from the normal operations of a business, excluding cash movements from investing and financing activities.
Depreciated
Refers to the decrease in value of an asset over time due to wear and tear, age, or obsolescence.
Salvaged
The recovery of value from an asset that has been damaged, discarded, or no longer useful in its original form.
Depreciation Tax Shield
A reduction in taxable income resulting from the allowance for depreciation expenses, which ultimately decreases tax liabilities.
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