Identify the basic “accountable events” in the life of adepreciable plant asset. Which of these events directlyaffect the net income of the current period? Which directlyaffect cash flows (other than income tax payments)?

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Chapter9: Capital Budgeting And Cash Flow Analysis
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Identify the basic “accountable events” in the life of a
depreciable plant asset. Which of these events directly
affect the net income of the current period? Which directly
affect cash flows (other than income tax payments)?

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