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Depreciation is a capital expenditure when: a. it is a non-cash outlay b. depreciated assets are restored or maintained c. it earns a positive net
Depreciation is a capital expenditure when:
a. | it is a non-cash outlay | |
b. | depreciated assets are restored or maintained | |
c. | it earns a positive net present value | |
d. | interest rates are high |
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