Assume that a capital project is being analyzed by a discounted-cash-flow approach, and an employee first assumes no income taxes and then later assumes a 30% income tax rate. How would depreciation expense be incorporated in the analysis?

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The Answer of Assume that a capital project is being analyzed by a discounted-cash-flow approach, and an employee first assumes no income taxes and then later assumes a 30% income tax rate. How would depreciation expense be incorporated in the analysis?

Assume That a Capital Project Is Being Analyzed by a Discounted-Cash-Flow