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Rymore Company would like to classify the following costs according to their cost behavior:
-Which of the following classifications best describes the behavior of Cost C?
Depreciation Expense
The allocation of an asset's cost over its useful life, reflecting the decrease in value of tangible assets.
Operating Cash Flows
Cash generated from a company's regular business operations, excluding financing or investment-related cash flow.
Net Income
Net Income is the total earnings of a company after all expenses, taxes, and costs have been subtracted from total revenue.
After-tax Salvage Value
The value of a depreciated asset after deducting any taxes owed on the sale of the asset.
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