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Since present value analysis is concerned with cash flows, which of the following is not true? A. Depreciation is always an incremental cash inflow. B.
Since present value analysis is concerned with cash flows, which of the following is not true?
A. Depreciation is always an incremental cash inflow.
B. Revenues are inflows in the period when the cash is received.
C. Expenses are outflows in the period when they are paid.
D. The salvage value of equipment is considered in the analysis.
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