Why is depreciation expense not included in the calculation of a project's payback period?

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Managerial Accounting

ISBN: 9781260193275

12th Canadian Edition

Authors: Ray H. Garrison, Alan Webb, Theresa Libby

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Question Posted: Aug 18, 2023 11:09 PM

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Why is depreciation expense not included in the calculation of a project's payback period?

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By definition the payback period is the length of tim...View the full answer

Managerial Accounting

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