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Depreciable Asset
An asset that loses value over time due to wear and tear, and for which depreciation can be applied in accounting to spread its cost over its useful life.
Tax Consequence
The financial effects that taxes have on various financial decisions, affecting net investment income or costs.
Marginal Tax Rate
Marginal Tax Rate is the rate at which the last dollar of income is taxed, reflecting the percentage of tax applied to your next dollar of income.
Cash Flow Estimate
An assessment of the amount of money expected to flow in and out of a business over a specific period.
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