Fm (ipcc may 2015)
This query is : Resolved
Kritika. Kataria
(Querist)
27 November 2014
In capital budgeting
why is depreciation added back in the statement to find out the CFAT?
27 November 2014
firstly its non cash exp and in capital bug all cal are exclusively based on cash inflow and outflow and secondly depreciation is also an estimated amount of loss in value of asset which cannot be estimated accuratly.
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