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A Global Service Agent Will Be Conducting Several International Trips

question 32

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A global service agent will be conducting several international trips and is concerned about damaging her laptop using foreign electrical sockets. What can she do?


Definitions:

Capital Cost Allowance (CCA)

A tax deduction available in Canada for depreciable property that can be used to reduce taxable income.

Straight-line Depreciation

A method of allocating the cost of a tangible asset over its useful life in equal annual amounts.

Projected Cash Flows

Estimated cash movements over a future period, based on expected income and expenses.

NPV

Net Present Value; the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

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