Depreciation expenses have no effect on cash flows and, therefore, are not relevant in capital expenditure analysis.

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Depreciation expenses have no effect on cash flows and, therefore, are not relevant in capital expenditure analysis. Do you agree? Why or why not?

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Cost management a strategic approach

ISBN: 978-0073526942

5th edition

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

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