Multiple Choice
Given the financial manager's preference for faster receipt of cash flows,
A) the manager is not concerned with depreciable lives, because depreciation is a non-cash expense.
B) a longer depreciable life is preferred to a shorter one.
C) a shorter depreciable life is preferred to a longer one.
D) the manager is not concerned with depreciable lives, because once purchased, depreciation is considered a sunk cost.
Correct Answer:
Verified
Correct Answer:
Verified
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