General Studies · Capital Budgeting
Which one of the following does NOT result in a tax shield effect equivalent to cash inflows while taking capital budgeting decisions?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Capital loss on sale of assets
- 2Interest expenses
- 3Release of working capital investment✓
- 4Depreciation
Correct answer
Release of working capital investment
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