Question: Can anyone help me answer this True or False Question and provide me the explanation in one or two sentences? Depreciation does not affect capital

Can anyone help me answer this True or False Question and provide me the explanation in one or two sentences?

Can anyone help me answer this True or False Question and provide

Depreciation does not affect capital budgeting because it is not a cash expense. Annuity due is more valuable than annuity. A positive NPV project can have a profitability index smaller than one. Payback period accounts for the risk of cash flows

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