Why is depreciation important in the analysis of a capital budgeting proposal?
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Capital Budgeting
Capital budgeting is a practice or method of analyzing investment decisions in capital expenditure, which is incurred at a point of time but benefits are yielded in future usually after one year or more, and incurred to obtain or improve the...
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Depreciation is not a cash expense It is an accounting entry which is meant to consider the ...View the full answer
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Related Book For 
Managerial Economics
ISBN: 978-0133020267
7th edition
Authors: Paul Keat, Philip K Young, Steve Erfle
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