Which of the following items are impacted by taxes when cons

Which of the following items are impacted by taxes when considering Net Present Value? Select one: A. Cash receipts from future sales B. Depreciation expense C. Cash outlays for future expenses D. Cash receipts for disposal of fully-depreciated assets E. All of the above

Solution

B. Depreciation expense is the correct answer

because we consider only the tax saving amount on depreication to reach at NPV.