How do depreciation and other noncash charges act as cash inflows to the firm? Why does a

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How do depreciation and other noncash charges act as cash inflows to the firm? Why does a depreciation allowance exist in the tax laws? For a profitable firm, is it better to depreciate an asset quickly or slowly for tax purposes? Explain.

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Introduction to Corporate Finance

ISBN: 978-0324657937

2nd edition

Authors: Scott B. Smart, William L Megginson

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Question Posted: May 13, 2015 05:46 AM

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How do depreciation and other noncash charges act as cash inflows to the firm? Why does a

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Depreciation and other noncash charges are sources of cash to the firm These charges a...View the full answer

Introduction to Corporate Finance

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