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According to instinct theory,newborns are born with the behaviors essential to their survival.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, representing how much of the asset's value has been used up during the period.
Net Capital Spending
The total expenditure on fixed assets less any sales of fixed assets.
Capital Gains
The profit from the sale of a property or an investment when the selling price exceeds the purchase price.
Marginal Tax Rates
The rate at which the last dollar of income is taxed, reflecting the portion of an incremental income that is paid in taxes.
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