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Depreciation expense is a non-cash expense. So why is it considered at all in our analysis of project cash flows? Group of answer choices Depreciation
Depreciation expense is a non-cash expense. So why is it considered at all in our analysis of project cash flows?
Group of answer choices
Depreciation increases taxable income, thus increasing taxes.
Depreciation decreases taxable income, thus reducing taxes.
Depreciation reduces allocated costs by reducing the value of fixed assets over time.
Deprecation is a capital expenditure and should be considered as an on-going expense.
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