pb4uski
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Conventionally you would take timing of cash flows into account as well and calculate the discount rate that causes the present value of the cash flows to be zero, also known as the internal rate of return.
Also, since depreciation is not cash flow, depreciation would not be included but the tax benefit of depreciation would be included in the cash flows since it results in a savings in taxes.
Also, since depreciation is not cash flow, depreciation would not be included but the tax benefit of depreciation would be included in the cash flows since it results in a savings in taxes.