1.3 Discuss the difference between income and property taxes. 1.4 Briefly explain why...
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Discuss the difference between income and property taxes. Briefly explain why taxes and depreciation must be considered when cash flows generated by new business ventures, replacement decisions or new projects are determined, and decisions are made regarding the economic viability of such decisions. 
Discuss the difference between income and property taxes.
Briefly explain why taxes and depreciation must be considered when cash flows generated by new business ventures, replacement decisions or new projects are determined, and decisions are made regarding the economic viability of such decisions.
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