
- UID
- 223261
- 帖子
- 237
- 主题
- 103
- 注册时间
- 2011-7-11
- 最后登录
- 2013-12-5
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remember always that depreciation is a non-cash expense. NI would have been affected (LOWER) bcos depr. expense was higher - but if you remember the indirect method - entire depreciation is ADDED BACK. Higher depreciation expense - would mean lower taxes paid - but all in all - there would be NO IMPACT on CFO.
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