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Which answer is best? Given the financial manager's preference for faster receipt of cash flows, is a) a longer depreciable life preferred to a shorter
Which answer is best? Given the financial manager's preference for faster receipt of cash flows, is a) a longer depreciable life preferred to a shorter one b) a shorter depreciable life preferred to a longer one c) the manager the manager not concerned with depreciable lives because depreciation is a non-cash expense d) the manager not concerned with depreciable lives because once purchased, depreciation is considered a sunk cost
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