Why isn 't depreciation on any equipment acquired as part of a project proposal used in the net present value and IRR methods of making capital budgeting decisions ...

Depreciation is a noncash expense and both th ...

Why isn't depreciation on any equipment acquired as part of a project proposal used in the net

Question:

Why isn't depreciation on any equipment acquired as part of a project proposal used in the and IRR methods of making decisions?
Net Present Value
What is NPV? The net present value is an important tool for capital budgeting decision to assess that an investment in a project is worthwhile or not? The net present value of a project is calculated before taking up the investment decision at... Capital Budgeting
Capital budgeting is a practice or method of analyzing investment decisions in capital expenditure, which is incurred at a point of time but benefits are yielded in future usually after one year or more, and incurred to obtain or improve the...