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Since depreciation is a sunk cost it is not necessaryto consider depreciation in
Financial leverage is distinct from operating leveragesince it accounts for the
September 15, 2020The average cost of capital is the appropriate rate touse when evaluating new in
September 15, 2020Since depreciation is a sunk cost it is not necessaryto consider depreciation in estimating cash flows for a new capitalproject.a. Trueb. False
