In relation to my test I just took, I am having a hard time with payback method and when to inlcude the tax considerations. I have noticed in becker with the more detailed questions over payback, depreciation and tax considerations are inlcuded.However, I saw a question in ninja that asked for the payback method and I calculated it using the depreciation (like above) and got the question wrong because it said depreciation is not a cash flow and so it is not included.
So now my understanding on this topic is very fuzzy. Can anyone give light to this on how to know when to include non cash flow items such as depreciation? The becker final included a few of these and I got them wrong because I had in my mind the depreciation should not be inlcuded because it is not a true cash flow item.
AUD - 73,91
FAR - 79 - Thank you God!
BEC - 73,79!!!!
REG - 92 whatttt??!
I used Becker review + flashcards, Ninja Audio, Ninja MCQ supplement on BEC and REG.
Done! Praise God!