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Business, 20.02.2020 20:11 Echo009

The depreciable life of an asset is of concern to the financial manager. In general:.a) a longer depreciable life is preferred, because it will result in a faster receipt of cash flows. b) a shorter depreciable life is preferred, because it will result in a faster receipt of cash flows. c) a shorter depreciable life is preferred, because management can then purchase new assets, as the old assets are written off. d) a longer depreciable life is preferred, because management can postpone purchasing new assets, since the old assets still have a useful life.

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