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An inherited syndrome of deaf-blindness characterized by hearing loss and retinitis pigmentosa,resulting in night blindness and tunnel vision is
Depreciation Expense
The allocation of the cost of an asset over its useful life.
After-tax Salvage Value
The net value of an asset after it has been sold and all related taxes have been paid.
Marginal Tax Rate
The rate at which the next dollar of taxable income is taxed, indicating the impact of the last dollar earned on one's tax obligations.
Tax Shield
The reduction in income taxes that results from taking an allowable deduction from taxable income.
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