Why do we say depreciation is a noncash item?

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Why do we say depreciation is a "noncash item"?

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Fundamentals of Investments Valuation and Management

ISBN: 978-0077283292

5th edition

Authors: Bradford D. Jordan, Thomas W. Miller

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Question Posted: Sep 19, 2012 05:00 AM

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Why do we say depreciation is a noncash item?

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Depreciation is a noncash item because the depreciation deduction d...View the full answer

Fundamentals of Investments Valuation and Management

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