Cash Flows. Weve emphasized that the firm should pay attention only to cash flows when assessing the
Question:
Cash Flows. We’ve emphasized that the firm should pay attention only to cash flows when assessing the net present value of proposed projects. Depreciation is a noncash expense.
Why then does it matter whether we assume straight-line or MACRS depreciation when we assess project NPV?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Study Guide To Accompany Fundamentals Of Corporate Finance
ISBN: 9780073012421
5th Edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
Question Posted: