Depreciation is incorporated in cash flows because it: A. Is unavoidable cost B. Is a cash flow C. Involves an outflow D. Reduces tax liability
Depreciation is incorporated in cash flows because it: A. Is unavoidable cost B. Is a cash flow C. Involves an outflow D. Reduces tax liability
Chapter9: Capital Budgeting And Cash Flow Analysis
Section: Chapter Questions
Problem 7QTD
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Question
A. |
Is unavoidable cost |
B. |
Is a cash flow |
C. |
Involves an outflow |
D. |
Reduces tax liability |
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