Examlex
________ variables are variables that moderate the relationship between two or more variables.
Tax Liability
The total amount of tax owed by an individual, corporation, or other entity to a taxing authority, such as the IRS.
Salvage Value
The anticipated market price of an asset upon the conclusion of its effective service life.
Marginal Tax Rate
The tax rate applied to the last dollar of income, which can be used to measure the impact of additional income or deductions on overall taxes due.
Incremental After-Tax Net Cash Flows
The additional cash flows a business expects to generate after accounting for taxes, resulting from a new project or investment.
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