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Posts: 158
In response to
"
It includes depreciation, which I doubt many people account for, and isn't a cash outflow in any case. -- nm
"
by
Roger More
The appear to be using depreciation in place of car payment or amortized cost if someone paid cash. -- nm
Posted by
ty97
Apr 10 '12, 11:06
(No message)
Responses:
Which is fine, but it's still a different definition of cost than most people use in their daily lives. -- nm
-
Roger More
Apr 10, 11:08
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