The book Capital Budgeting And the Investment Credit was written by author Myles M Dryden Here you can read free online of Capital Budgeting And the Investment Credit book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Capital Budgeting And the Investment Credit a good or bad book?
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It is interesting to consider, however, what the stimulant to investnent Hould be if a "theoretical" depreciatiesi policy were followed. For exaBple, say the depreciation policy is such that an amviity is set aside each period as the depreciation allowance subject to the condition that the present value of 13 these allowances equals the cost of the asset. If this annuity is X per dollar of depreciation base then X is the solution to the equation: n (8) X ^e"*^ dt = 1 -1 and hence d(t, n) in thi...s case is r(l-e" "), If a corporation eraployed lU this policy or an equivalent one then equation C^) would give: 12 Car«ful -Interpretation is required here. The increases tabulated . -' " ..^^. '. - the doy&le effects of
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