Provisions for recovering capital invested in income-producing assets are made by charging depreciation against current income.
Depreciation charges are not actual cash flows.
Engineering economic analysis needs to take into consideration the depreciation methods that can be used by the organization.
References
Engineering Economics, 4th Edition, James L. Riggs, David D. Bedworth, and Sabah U. Randhawa, McGraw Hill, New York, 1996
Originally posted in
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The top 1% own 43% of America's wealth, the next 19% own 50% of America's wealth and the other 80% own SEVEN PERCENT of America's wealth. I think you may have forgotten to mention that in your little article.
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2) The earners in the top income brackets are already taxed. The top 40% of income earnerspay more than anyone else does in taxes. The top 20% pay 65.3% and the top 10% pay 50% and the top 1% pay.
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