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The purpose of including both personal and impersonal language in a bad-news message is to
Net Investment
Total amount spent on acquiring, maintaining, or improving capital assets, minus any sales of these assets.
Marginal Tax Rate
The rate of tax applied to the last dollar of income, representing the percentage of tax paid on additional income.
Salvage Value
The projected value at which an asset can be sold upon reaching the end of its operational lifespan.
Tax Liability
The total amount of tax owed by an individual, corporation, or other entity to a taxing authority, such as the IRS.
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