Since depreciation is a non-cash charge, it neither appears on nor has any effect on the cash budget. Thus, if the depre
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Since depreciation is a non-cash charge, it neither appears on nor has any effect on the cash budget. Thus, if the depre
Since depreciation is a non-cash charge, it neither appears onnor has any effect on the cash budget. Thus, if the depreciationcharge for the coming year doubled or halved, this would have noeffect on the cash budget.