Question
In estimation of Project Operating Cash Flows, we deduct depreciation as an expense and then add back depreciation to Net income to get operating cash
In estimation of Project Operating Cash Flows, we deduct depreciation as an expense and then add back depreciation to Net income to get operating cash flow. I think we should simply ignore depreciation in cash flow estimation, because in the end it cancels out. Is this an accurate assessment? Why or Why not?
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Satoshi S Vision The Art Of Bitcoin
Authors: Craig Wright ,Paul Democritou
1st Edition
1688735925, 978-1688735927
