Effects when evaluating projects

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"When evaluating projects, we're concerned with only the relevant incremental after-tax cash flows. Therefore, because depreciation is a noncash expense, we should ignore its effects when evaluating projects." Critical evaluation  

Reference no: EM13747247

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Effects when evaluating projects : "When evaluating projects, we're concerned with only the relevant incremental after-tax cash flows. Therefore, because depreciation is a noncash expense, we should ignore its effects when evaluating projects." Critical evaluation
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